Seneca Foods, El Pollo Loco Decline After Removed From Index
Provided by
Dow Jones
By Josh Beckerman
Seneca Foods Class A shares fell 5% to $35.42 after hours after S&P Dow Jones Indices said it will remove the stock from the S&P SmallCap 600, effective July 6.
Meanwhile, El Pollo Loco Holdings shares declined 6% to $8.50 after hours as the stock is also leaving the index.
S&P Dow Jones said the companies are no longer representative of the small-cap market space.
Fortrea Holdings, which is being spun off from Laboratory Corp. of America, and PHINIA, which will be spun off from BorgWarner, will join the S&P SmallCap 600.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
June 28, 2023 18:54 ET (22:54 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.-
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