By Chris Wack
Joint Corp. shares were up 16%, to $67.23, after S&P Dow Jones Indices said the company would replace Cubic Corp. in the S&P SmallCap 600, effective prior to the opening of trading on Thursday.
Veritas Capital is acquiring Cubic in a deal expected to be completed soon pending final closing conditions.
Joint will be added to the Healthcare sector of the S&P SmallCap 600.
The stock hit its 52-week high of $69 earlier in the session.
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View more information: https://www.marketwatch.com/story/joint-corp-shares-rise-16-on-inclusion-to-s-p-smallcap-600-271621952334?mod=dj-newswires