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Dow Jones Newswires: Super Micro shares rise 5% on scheduled addition to S&P MidCap 400

0

Super Micro Computer Inc. shares
SMCI,
-3.02%

edged up 5% to nearly $83 in after-hours trading Monday following a notice that the company will replace Steel Dynamics Inc. in the S&P MidCap 400.

The server and computer products maker’s addition to the index will be effective prior to the opening of trading on Thursday, S&P Dow Jones Indices said.

Steel Dynamics
STLD,
+0.51%

will replace Abiomed Inc.
ABMD,
+0.08%

in the S&P 500 on Thursday.

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