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.
See Also: Why Science Applications International Shares Hit A New 52-Week High Today
According to data from Benzinga Pro, AGTI has a 52-week high of $23.65 and a 52-week low of $14.15.
