Executive Mosaic will replace Health Net with aerospace and defense firm CAE (NYSE: CAE) in the GovCon Index effective Monday following the health insurer’s acquisition by Centene (NYSE: CNC).
CAE closed Thursday at $11.32 per share and a market capitalization of $3.1 billion.
GCI closed Thursday with a 0.412-point drop to 74.640, ending the week with a decline of 1.207 percent.
Top GovCon Index Gainers
| Symbol | Company | $ Current Price | Net Change | % Change |
|---|---|---|---|---|
| VEC | Vectrus | 21.75 | +0.66 | +3.13% |
| OA | Orbital ATK | 84.05 | +1.28 | +1.55% |
| MCK | McKesson Corp.* | 157.29 | +2.26 | +1.46% |
| EGL | Engility Holdings | 17.69 | +0.16 | +0.91% |
| NAV | Navistar International | 12.24 | +0.10 | +0.82% |
* Also listed in the S&P 500 composite index
Market Summary
| Advancing GovCon Index Issues | 13 |
| Declining GovCon Index Issues | 16 |
| Unchanged GovCon Index Issues | 1 |
| Index | Value | Net Change | % Change |
|---|---|---|---|
| GovCon Index | 75.640 | -0.412 | -0.549% |
| S&P 500 | 2, 035.94 | -0.77 | -0.04% |
| Dow Jones Industrial Average | 17, 515.73 | +13.14 | +0.08% |
| NASDAQ | 4, 773.50 | +4.64 | +0.10% |
