By Josh Beckerman

Shares of Instacart parent Maplebear rose 4.9% to $45.02 after hours as the stock was selected for inclusion in the S&P MidCap 400 index.

S&P Dow Jones Indices said the addition is effective Jan. 14, when medical technology company Enovis will move from the S&P MidCap 400 to the S&P SmallCap 600. Enovis is replacing Arch Resources, which is being sold to CONSOL Energy.

Enovis shares gained 3.1% to $46.13.

Maplebear went public in September 2023.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

01-07-25 1828ET