Casey's General Stores To Join S&P 500

Casey's General Stores (CASY) will replace Hologic (HOLX) in the S&P 500, moving CASY up from the S&P MidCap 400 per S&P Dow Jones Indices. Expect routine passive buying into CASY and selling pressure on HOLX around the inclusion date, likely producing modest short-term moves (roughly 1–3%) for the two names.

Analysis

Casey's General Stores (CASY) will replace Hologic (HOLX) in the S&P 500, moving CASY up from the S&P MidCap 400 per S&P Dow Jones Indices. Expect routine passive buying into CASY and selling pressure on HOLX around the inclusion date, likely producing modest short-term moves (roughly 1–3%) for the two names.