FYBR - Frontier Communications Hain Celestial jump on index changes

September, 27 2022 05:30 PM Frontier Communications Parent Inc.

Frontier Communications ( NASDAQ: FYBR ) has jumped 6.7% after hours following news that it will join the S&P MidCap 400 index .
It's moving in to replace the Hain Celestial Group ( NASDAQ: HAIN ), which will get a bump down to the SmallCap 600 index. HAIN is up 5.1% after hours.
And Hain Celestial is taking the place in the 600 of Hanger ( NYSE: HNGR ), which is set to be acquired by Patient Square Capital.
With the vacancy in the SmallCap index, Hain Celestial is considered more reflective of the small-cap market space, S&P Dow Jones Indices says.
The moves are effective prior to the open of trading on Monday, Oct. 3.

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Company Name:	Frontier Communications Parent Inc.
Stock Symbol:	FYBR
Market:	NASDAQ
Website:	frontier.com