NEW
YORK, Nov. 19, 2024 /PRNewswire/ -- S&P Dow
Jones Indices will make the following changes to the S&P MidCap
400 and S&P SmallCap 600:
- Flex Ltd (NASD: FLEX) will replace Azenta Inc. (NASD: AZTA) in
the S&P MidCap 400, and Azenta will replace Envestnet Inc.
(NYSE: ENV) in the S&P SmallCap 600 effective prior to the
opening of trading on Monday, November
25. Bain Capital is acquiring Envestnet in a deal expected
to be completed soon, pending final closing conditions. Azenta's
market capitalization is no longer representative of the mid-cap
market space.
- Concentra Group Holdings Inc. (NYSE: CON) will replace Myers
Industries Inc. (NYSE: MYE) in the S&P SmallCap 600 effective
prior to the opening of trading on Wednesday, November 27. S&P SmallCap 600
constituent Select Medical Holdings Corp. (NYSE: SEM) is
distributing the 80% of shares of Concentra Group Holdings it owns
to shareholders in a transaction expected to be completed on
November 26. Myers Industries' market
capitalization is no longer representative of the small-cap market
space.
Following is a summary of the changes that will take place prior
to the open of trading on the effective date:
|
Effective
Date
|
Index
Name
|
Action
|
Company
Name
|
Ticker
|
GICS
Sector
|
|
Nov 25,
2024
|
S&P MidCap
400
|
Addition
|
Flex
|
FLEX
|
Information
Technology
|
|
Nov 25,
2024
|
S&P MidCap
400
|
Deletion
|
Azenta
|
AZTA
|
Health Care
|
|
Nov 25,
2024
|
S&P SmallCap
600
|
Addition
|
Azenta
|
AZTA
|
Health Care
|
|
Nov 25,
2024
|
S&P SmallCap
600
|
Deletion
|
Envestnet
|
ENV
|
Information
Technology
|
|
Nov 27,
2024
|
S&P SmallCap
600
|
Addition
|
Concentra Group
Holdings
|
CON
|
Health Care
|
|
Nov 27,
2024
|
S&P SmallCap
600
|
Deletion
|
Myers
Industries
|
MYE
|
Materials
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for
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iconic financial market indicators, such as the S&P 500® and
the Dow Jones Industrial Average®. More assets are invested in
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any other provider in the world. Since Charles Dow invented the first index in 1884,
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SPGI), which provides essential intelligence for individuals,
companies, and governments to make decisions with confidence. For
more information, visit www.spdji.com.
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Indices
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content:https://www.prnewswire.com/news-releases/flex-set-to-join-sp-midcap-400-azenta-and-concentra-group-holdings-to-join-sp-smallcap-600-302310669.html
SOURCE S&P Dow Jones Indices
