It was announced after the bell Tuesday that Churchill Downs Inc. (CHDN) will replace Fortune Brands Home & Security (FBHS) in the S&P MidCap 400 after the close of trading on Thursday, June 23.
Churchill Downs gapped up sharply Wednesday, but traded in a range for the bulk of the session. Shares finished with a gain of 7.62 at $126.97 on the highest volume of the year. The stock jumped to nearly a 3-week high.
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