Jabil will soon rejoin the Standard & Poor’s (S&P) 500 Index, a significant milestone after a seven-year hiatus and a rare occurrence as company lifespans plummet.
S&P Dow Jones officials removed the St. Petersburg-based, global manufacturing solutions provider from “the world’s most popular index” in 2014. At the time, Jabil’s market capitalization - an estimate of company worth based on stock price and outstanding shares - dropped to $3.9 billion.
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