Global Markets Continue Last Week

Scott Olson

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.

Consequently, Clearfield Inc. (CLFD) will replace Celsius Holdings (CELH) in the S&P SmallCap 600.

The index changes will become effective prior to the opening of trading on August 10.

Earlier this month, Celsius Holdings (CELH) rallied after Pepsi (PEP) took a 8.5% stake in the beverage company.

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