Bunge to replace Signature Bank in S&P 500, stock rallies 7%

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Bunge to replace Signature Bank in S&P 500, stock rallies 7%
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Shares of Bunge Ltd. rallied in the extended session Monday after S&P Indices said Bunge would replace the failed Signature Bank in the S&P 500 index. The...

Shares of Bunge Ltd. BG rallied in the extended session Monday after S&P Indices said Bunge would replace the failed Signature Bank in the S&P 500 index. SPX The change is effective before the bell Wednesday. Last Friday, the index manager said that Insulet Corp. PODD was replacing Silicon Valley Bank parent SVB Financial Group in the index after Silicon Valley Bank was shut down on Friday by regulators. Crypto-friendly Signature Bank was shut down on Sunday.

... Shares of Bunge Ltd. BG rallied in the extended session Monday after S&P Indices said Bunge would replace the failed Signature Bank in the S&P 500 index. SPX The change is effective before the bell Wednesday. Last Friday, the index manager said that Insulet Corp. PODD was replacing Silicon Valley Bank parent SVB Financial Group in the index after Silicon Valley Bank was shut down on Friday by regulators. Crypto-friendly Signature Bank was shut down on Sunday.

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