Standard & Poor’s announced today that Morrison Management Specialists, Inc. will be added to the S&P 600 SmallCap Index as of the close of business today. Morrison believes this news may be contributing to its stock activity today. The Company’s stock price is currently up $3.00 to $29.00 on volume of approximately 248,000 shares.
Morrison will announce financial results for its fourth quarter and fiscal year 2000 on June 28, 2000.
Morrison Management Specialists, Inc. is the nation’s second largest company in healthcare foodservice. The Atlanta-based Company specializes in providing food, nutrition and dining services to the hospital and senior living markets. Morrison serves some of the largest and most prominent integrated healthcare systems, hospitals and senior living communities in the United States.