Callaway Golf Set To Enter S&P Midcap 400 Index
Author: Shivani Kumaresan | June 11, 2021 07:53am
- Callaway Golf Co (NYSE:ELY) is set to replace GrubHub Inc (NYSE:GRUB) in the S&P MidCap 400.
- The S&P MidCap 400 index comprises 400 companies with midrange market capitalization, between $200 million and $5 billion.
- Callaway's addition comes after the British-Dutch company online food ordering company, Just Eat Takeaway.com NV (OTC:TKAYF), agreed to acquire GrubHub.
- Callaway's market cap stands at $5.35 billion as of Thursday's close.
- Price Action: ELY shares are trading lower by 4.28% at $33.75 in premarket trading on last check Friday.
Posted In: ELY GRUB IJH IVOO MDY TKAYF