11:52 AM EDT, 10/07/2024 (MT Newswires) -- (Updates with stock price movement in the headline and first paragraph.)

Hims & Hers Health ( HIMS ) shares were up more than 11% in recent trading Monday after the announcement that the company will join the S&P SmallCap 600 index.

Hims & Hers Health ( HIMS ) will replace Vector Group ( VGR ) in the S&P SmallCap 600 index on Wednesday ahead of the market opening, S&P Dow Jones Indices said late Friday.

Vector Group ( VGR ) is being acquired by JT Group, with the deal expected to be finalized soon.

Price: 19.74, Change: +2.08, Percent Change: +11.78