Tutor Perini Stock Surges After Being Added to S&P MidCap 400 Index
Tutor Perini Corporation (TPC) rose nearly 8% on Tuesday after being added to the S&P MidCap 400 index, replacing Taylor Morrison Home following its acquisition by Berkshire Hathaway. The change is set for July 24 and reflects an 'index effect' that typically drives short-term buying from index funds.
Tickers: $KRYS $SPGI $TMHC $TPC
Topics: Krystal Biotech S&P MidCap 400 Taylor Morrison Home Tutor Perini