Abercrombie & Fitch(ANF Quote) will replace Univision(UVN Quote) 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.- Loading Comments...
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