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Why STAAR Surgical and Prestige Consumer Healthcare Stocks Jumped Today

Why STAAR Surgical and Prestige Consumer Healthcare Stocks Jumped Today

Tuesday is shaping up to be a good day for shareholders of STAAR Surgical (NASDAQ: STAA), which manufactures implantable lenses, and Prestige Consumer Healthcare (NYSE: PBH), which markets over-the-counter (OTC) healthcare products. As of 1:30 p.m. EST today, STAAR Surgical stock was up by 14.7%, while Prestige Consumer's stock was up by 7.7%. Starting on Jan. 29, STAAR Surgical will replace Prestige Consumer in the S&P MidCap 400, an index that tracks 400 mid-cap companies in the U.S. equity market.