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| Share Name | Share Symbol | Market | Type |
|---|---|---|---|
| Southern Co | NYSE:SO | NYSE | Common Stock |
| Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|
| 0.52 | 0.69% | 75.85 | 75.98 | 74.91 | 75.85 | 4,576,713 | 01:00:00 |
From May 2019 to May 2024
By Maria Armental
Alliant Energy Corp. (LNT) will replace AGL Resources Inc. (GAS) in the S&P 500 index after the close of trading on June 30, according to S&P Dow Jones Indices.
AGL Resources is merging with Southern Co. (SO) in a roughly $8 billion deal. The merger, which received final merger approval from New Jersey regulators on Wednesday, is slated to close by July 1.
With Madison, Wis.-based Alliant Energy moving to the S&P 500, Southwest Gas Corp. (SWX) will take its spot in the S&P MidCap 400 and Shutterstock Inc. (SSTK) will replace Southwest Gas in the S&P SmallCap 600.
Shares of companies that join the S&P 500 often rise as portfolio managers who track the index buy shares.
Alliant Energy's stock rose 1.2% to $40.28 in after-hours trading while Southwest Gas edged up 1% to $77.41 and Shutterstock rose 4% to $44.35.
Write to Maria Armental at maria.armental@wsj.com
(END) Dow Jones Newswires
June 29, 2016 18:30 ET (22:30 GMT)
Copyright (c) 2016 Dow Jones & Company, Inc.
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