Entegris Set to Join S&P MidCap 400
Portfolio Pulse from
Entegris Inc. (ENTG) will join the S&P MidCap 400, replacing Arcadium Lithium (ALTM) due to its acquisition by Rio Tinto. This change will take effect on March 6, 2025.
February 28, 2025 | 12:00 am
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Arcadium Lithium will be removed from the S&P MidCap 400 due to its acquisition by Rio Tinto, which may affect its stock liquidity.
Removal from the S&P MidCap 400 could decrease liquidity and demand for ALTM shares as index funds sell off their holdings.
CONFIDENCE 85
IMPORTANCE 70
RELEVANCE 100
POSITIVE IMPACT
Entegris Inc. will be added to the S&P MidCap 400, which could increase its visibility and attract more institutional investors.
Joining the S&P MidCap 400 can lead to increased visibility and demand from index funds and institutional investors, potentially driving up the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100