Previous Close | 173.55 |
Open | 175.02 |
Bid | 180.19 x 900 |
Ask | 0.00 x 1100 |
Day's Range | 174.68 - 180.36 |
52 Week Range | 93.47 - 180.36 |
Volume | |
Avg. Volume | 5,975,526 |
Market Cap | 196.92B |
Beta (5Y Monthly) | 1.22 |
PE Ratio (TTM) | 22.57 |
EPS (TTM) | N/A |
Earnings Date | N/A |
Forward Dividend & Yield | 0.32 (0.18%) |
Ex-Dividend Date | Dec 27, 2023 |
1y Target Est | N/A |
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S&P Dow Jones Indices said on Wednesday that it would add 3M spin-off Solventum Corp and General Electric spin-off GE Vernova Inc to the benchmark S&P 500 index in coming days. Solventum, which will trade under the 'SOLV' symbol on the New York Stock Exchange (NYSE) will be added to the index on April 1, replacing VF Corp, which will move to the S&P 600 smallcap index. GE Vernova, which will trade under the 'GEV' ticker on the NYSE, will be added to the S&P 500 on April 2, replacing Dentsply Sirona Inc, which will be moved to the S&P 400 MidCap index.
GE Vernova and Solventum are set to join the S&P 500 index as of next week, the start of the second quarter. GE Vernova will be the sustainable and renewable energy spin off from General Electric a transaction that is expected to be completed on April 2, which is when it will join the index, S&P Dow Jones Indices said. 3M will remain in the S&P 500.
GE Vernova stock is finally trading. GE Vernova is the soon-to-be spun-off power generation business of General Electric The spin will be completed on April 2, and the Vernova shares, which have the stock symbol “GEV,” began trading Wednesday on a when-issued basis. The early prices mean Wall Street did a very good job picking the initial price—although setting an initial price for a when-issued stock may have relied on Street estimates.