MTSI - MACOM Technology jumps 7% on addition to MidCap 400
- MACOM Technology Solutions Holdings ( NASDAQ: MTSI ) has jumped 7.4% after hours on news that the stock will be joining the S&P MidCap 400 index .
- It's taking the place of SailPoint Technologies Holdings ( SAIL ), set to be acquired by Thoma Bravo.
- The move is effective prior to the open of trading on Wednesday, Aug. 17.
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MACOM Technology jumps 7% on addition to MidCap 400