NEW YORK - Shares of Unisys Corp. fell Monday after Standard and Poor's said last week that it will take the company off the S&P 500 index.
| UIS | 1.21 |
The stock fell 30 cents, or 33 percent, to 61 cents after falling to a fresh low of 50 cents earlier in the session. The 52-week high is $7.90.
The technology services provider, based in Blue Bell, Pa., was ranked 500th on the S&P index with a $313 million market capitalization at the close of trading Friday.
Standard and Poor's said Unisys will be taken off the index after the market closes Monday and replaced on Wednesday with People's United Financial Inc.
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