It was announced after the close Thursday that Domtar Corp. (UFS) will replace Alberto-Culver Corp. (ACV) in the S&P MidCap 400 index after the close of trading on Tuesday, May 10.
Domtar Corp. gapped open sharply Friday and posted gains in early trade, before settling into a range. The stock closed up by 5.05 at $99.81 on the highest volume in 9 months. Domtar has been on an upward trend for the past 3 weeks and finished at a new high for the year.
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