Press Releases
NEW YORK, May 21, 2012 /PRNewswire/ -- Alexion Pharmaceuticals, Inc. (NASD: ALXN) will replace Motorola Mobility Holdings, Inc. (NYSE: MMI) in the S&P 500 index after the close of trading on Thursday, May 24. S&P 100 & 500 constituent Google Inc. (NASD: GOOG) is acquiring Motorola Mobility Holdings in a deal expected to close before the opening of trading tomorrow.
Alexion is a biopharmaceutical company. Headquartered in Cheshire, CT, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Biotechnology Sub-Industry index.
Following is a summary of the change:
S&P 500 INDEX – May 24, 2012 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Alexion Pharmaceuticals |
Health Care |
Biotechnology |
DELETED |
Motorola Mobility |
Information Technology |
Communications Equipment |
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