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RILY - B. Riley jumps 9.5% on move into S&P SmallCap 600
B. Riley Financial Inc.
B. Riley Financial (RILY) has jumped 9.5% on word that it's moving into the S&P SmallCap 600 index. That move is effective prior to the open of trading this Thursday, April 15. It's there to replace The Michaels Cos. (MIK), set to be acquired by Apollo Global Management.