MP Materials Set to Join S&P MidCap 400
07/22/2022 - 06:45 PM
NEW YORK July 22, 2022 Wednesday, July 27 . Cargill and Continental Grain acquired Sanderson Farms in a deal that closed today.
Following is a summary of the change that will take place prior to the open of trading on the effective date:
Effective Date
Index Name
Action
Company Name
Ticker
GICS Sector
July 27, 2022
S&P MidCap 400
Addition
MP Materials
MP
Materials
S&P MidCap 400
Deletion
Sanderson Farms
SAFM
Consumer Staples
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SOURCE S&P Dow Jones Indices
SAFM Rankings
N/A Ranked by Stock Gains
SAFM Stock Data
Industry
Dog and Cat Food Manufacturing
Sector
Manufacturing
Tags
Consumer Non-Durables, Food: Meat/Fish/Dairy, Manufacturing, Dog and Cat Food Manufacturing
Country
US
City
Laurel
About SAFM
Sanderson Farms, Inc., founded in 1947, is engaged in the production, processing, marketing and distribution of fresh and frozen chicken and other prepared food items. Employing more than 15,000 employees in operations spanning five states and 17 different cities, Sanderson Farms is the third largest poultry producer in the United States. As a company, Sanderson Farms is committed to adopting a fresh approach in everything that we do, not only where products are concerned, but companywide, as well. Though the company has grown in size, it still adheres to the same hometown values of honesty, integrity and innovation that were established when the Sanderson family founded the company back in 1947.
