Westlake Corp. (NYSE:WLK) will replace MillerKnoll Inc. (NASD:MLKN) in the S&P MidCap 400, and MillerKnoll will replace Covetrus Inc. (NASD:CVET) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, October 18.
Covetrus (NASDAQ:CVET) brought in sales totaling $1.22 billion during Q2 according to data provided by Benzinga Pro. However, earnings decreased 100.0%, resulting in a loss of $4.00 million.
Covetrus (NASDAQ:CVET) reported its Q2 earnings results on Thursday, August 4, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Upgrades
Credit Suisse upgraded the previous rating for Molecular Partners AG (NASDAQ:MOLN) from Underperform to Neutral. NoneAt the moment, the stock has a 52-week-high of $32.04 and a 52-week-low of $5.92. Molecular Partners closed at $6.88 at the end of the last trading period.