Here are some prospective movers to keep an eye on Monday, when the U.S. stock market, as of early Sunday evening Eastern time, appeared poised for a muted start to the new week.
Shares of Palo Alto Networks Inc.
rallied 5% late Friday after S&P Dow Jones promoted the $66 billion cybersecurity company to the S&P 500 index
in a series of quarterly index adjustments to account for market cap.
Shares of Planet Fitness Inc.
Zoominfo Technologies Inc.
and BWX Technologies Inc.
moved 4% or more higher after hours Friday as S&P moved the stocks to its S&P MidCap 400 index
Meanwhile, shares of Crown Holdings Inc.
Graphic Packaging Holding Co.
Wesco International Inc.
all rose at least 2% on their midcap index inclusion.
Dish Network Inc. shares
declined 3% after hours Friday as S&P made room for Palo Alto Networks by cutting the also cut the TV-services company from the large cap index, and moved it to the midcap index.
shares fell more than 5% in the extended session Friday after the skincare device maker was cut from S&P’s midcap index to make room for Dish, and moved down to the S&P Small Cap 600 index
Shares of PetMed Express Inc.
Children’s Place Inc.
and LendingTree Inc.
and Zumiez Inc.
all fell more than 3% late Friday on their scheduled removal from the small cap index.
Barron’s on MarketWatch: GameStop, Campbell Soup, NIO and more stocks to watch Monday