NEW YORK , Dec. 1, 2023 /PRNewswire/ — S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 18 , to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range.
All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space. Uber Technologies Inc.
(NYSE: UBER), S&P MidCap 400 constituents Jabil Inc (NYSE: JBL) and Builders FirstSource Inc. (NYSE: BLDR) will replace Sealed Air Corp. (NYSE: SEE), Alaska Air Group Inc.
(NYSE: ALK) and SolarEdge Technologies Inc. (NASD: SEDG) in the S&P 500 respectively, S&P SmallCap 600 constituents Rambus Inc. (NASD: RMBS) and Comfort Systems USA Inc.
(NYSE: FIX) will replace Jabil and Builders FirstSource in the S&P MidCap 400, and Sealed Air, Alaska Air Group, and SolarEdge Technologies will replace Orthofix Medical (NASD: OFIX), Rambus, and Comfort Systems USA respectively in the S&P SmallCap 600. Houlihan Lokey Inc. (NYSE: HLI) and Equitable Holdings Inc.
(NYSE: EQH) will replace Topgolf Callaway Brands Corp. (NYSE: MODG) and Vestis Corp. (NYSE: VSTS) in the S&P MidCap 400, and Topgolf Callaway Brands and Vestis will replace Clearfield Inc.
(NASD: CLFD) and OneSpan Inc. (NASD: OSPN) respectively in the S&P SmallCap 600. Alkermes plc (NASD: ALKS), Armstrong World Industries Inc.
(NYSE: AWI), National HealthCare Corp. (NYSE American: NHC), and PJT Partners Inc. (NYSE: PJT) will replace Community Health Systems Inc.
(NYSE: CYH), Invesco Mortgage Capital Inc (NYSE: IVR), Avid Bioservices Inc. (NASD: CDMO) and James River Group Holdings Ltd (NASD: JRVR) respectively in the S&P SmallCap 600. Following is a summary of the changes that will take place prior to the open of trading on the effective date: For more information about S&P Dow Jones Indices, please visit www.
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From: businesslend
URL: https://www.businesslend.com/press-release/uber-technologies-jabil-and-builders-firstsource-set-to-join-s-others-to-join-sp-midcap-400-and-sp-smallcap-600/