Market Features
Abercrombie & Fitch to Join S&P 500
TSC Staff
03/27/07 - 07:18 PM EDT
Abercrombie & Fitch(ANF) will replace Univision(UVN) in the S&P 500 index after Wednesday's close.
Univision is being acquired by a private equity consortium in a deal expected to close on that date.
Shares of Abercrombie & Fitch rose nearly 2% in after-hours trading to $77.38; index funds mirroring the S&P 500 would be expected to buy shares to realign their portfolios.