BUZZ-Maplebear set to join S&P MidCap 400; shares rise

** Shares of grocery delivery firm Instacart, formally known as Maplebear CART.O, up nearly 5% at $45.05 in extended trading

** Company will replace medical device maker Enovis ENOV.N in the S&P MidCap 400 index prior to the opening of trading on Jan. 14 — S&P Dow Jones Indices

** S&P MidCap 400 offers investors with a benchmark for mid-sized companies

** CART has a market cap of $11.02 billion — LSEG

** Stock rose 76.5% in 2024

(Reporting by Aamir Sohail in Bengaluru)

((Aamir.Sohail@thomsonreuters.com))