Shares of IT services firm Unisys Corp tumbled 16.7% on Monday and shares of embattled home goods retailer Bed Bath & Beyond Inc fell about 4% after it was announced they will be removed from the small-cap S&P 600 index in two weeks.
have fallen 80% over the past 12 months. As of Friday, the company's market capitalization was $330.
9 million, according to Refinitiv data, or less than the $850 million market cap required for inclusion in the small-cap index.stock is down 43% since the end of December and was trading at about $1.435 a share on Friday, down from a 12-month high of $30.06 on March 7, 2022. Its market cap as of Friday was $174.1 million.
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