Burlington Stores (BURL) will replace Envestnet (ENV) in the S&P MidCap 400, and Envestnet will replace Hostess Brands (TWNK) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 7. S&P 500 constituent The J. M. Smucker Co. (SJM) is acquiring Hostess Brands in an exchange offer expected to be completed on or about that date pending final conditions.
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Read More on ENV:
- Envestnet (ENV) Q3 Earnings Cheat Sheet
- Envestnet to replace Hostess Brands in the S&P 600 at open on 11/7
- Burlington Stores to replace Envestnet in the S&P 400 at open on 11/7
- Envestnet price target lowered to $78 from $80 at JMP Securities
- Envestnet price target lowered to $66 from $72 at DA Davidson