MP Materials Set to Join S&P MidCap 400

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NEW YORK, July 22, 2022 /PRNewswire/ — MP Materials Corp. (NYSE:MP) will replace Sanderson Farms Inc. (NASD:SAFM) in the S&P MidCap 400 effective prior to the opening of trading on Wednesday, July 27. Cargill and Continental Grain acquired Sanderson Farms in a deal that closed today.

Following is a summary of the change that will take place prior to the open of trading on the effective date:

Effective Date Index Name       Action Company Name Ticker GICS Sector
July 27, 2022 S&P MidCap 400 Addition MP Materials MP Materials
S&P MidCap 400 Deletion Sanderson Farms SAFM Consumer Staples

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