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Why Agiliti Shares Are Seeing Blue Skies Today

Published 05/12/2022, 20:15
Updated 05/12/2022, 21:41
© Reuters.  Why Agiliti Shares Are Seeing Blue Skies Today
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Benzinga - Agiliti Inc (NYSE: AGTI) shares are trading higher by 14.01% to $19.69 Monday afternoon after it was announced on Friday the company will join the S&P SmallCap 600.

What Else?

Per S&P Dow Jones Indices, Agiliti, SJW Group (NYSE: SJW) and Cushman & Wakefield plc (NYSE: CWK) will replace LL Flooring Holdings Inc. (NYSE: LL), The Cato Corp. (NYSE: CATO) and Diebold Nixdorf Inc. (NYSE: DBD) respectively in the S&P SmallCap 600.

S&P Dow Jones Indices says the changes are being made to ensure each index is more representative of its market capitalization range. All companies moving to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies moving to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being discretionarily removed from the S&P SmallCap 600 are no longer representative of the small-cap market space.

According to data from Benzinga Pro, AGTI has a 52-week high of $23.65 and a 52-week low of $14.15.

© 2022 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.

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