Ferguson Enterprises Joins S&P 500 Index
Ferguson Enterprises' stock rallied after news that the Newport News, Va., company will be joining the S&P 500 index. The company's inclusion in the S&P 500 was announced alongside ADI Global Distribution joining the S&P SmallCap 600.
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The S&P 500 is making a change by adding this little-known industrial stock
Ferguson Enterprises’ stock was rallying more than 8% after news the Newport News, Va., company will be joining the S&P 500 index, edging out better-known names for inclusion.
By Claudia Assis
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