Pegasystems to replace Nordstrom in S&P MidCap 400 index
Written by Emily J. Thompson, Senior Investment Analyst
Updated: May 20 2025
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Source: SeekingAlpha
Pegasystems Added to S&P MidCap 400: Pegasystems' stock rose by 7.17% after being announced as a replacement for Nordstrom in the S&P MidCap 400 index, effective May 22.
Nordstrom Acquisition Deal: Nordstrom's stock fell slightly as it is set to be acquired by a consortium led by its founding family and a Mexican retail chain, with concerns raised about the deal's risks.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
