S&P Dow Jones Indices announced that Celsius Holdings current S&P SmallCap 600 constituent Celsius Holdings Inc. (NASDAQ:CELH) will replace American Campus Communities Inc. (ACC) in the S&P MidCap 400. The decision follows Blackstone Inc. acquiring American Campus Communities in a transaction expected to be completed shortly pending final conditions.
The index changes will become effective prior to the opening of trading on August 10.
Image and article originally from seekingalpha.com. Read the original article here.