NEW YORK, Nov. 24, 2021 /PRNewswire/ -- S&P Dow Jones
Indices will make the following changes to the S&P MidCap 400
and S&P SmallCap 600 effective prior to the opening of trading
on Thursday, December 2:
- Bruker BioSciences Corp. (NASD:BRKR) will replace KAR Auction
Services Inc. (NYSE:KAR) in the S&P MidCap 400, and KAR Auction
Services will replace Meredith Corp. (NYSE:MDP) in the S&P
SmallCap 600. Meredith is being acquired in a two-step transaction
that is expected to be completed on or about December 1. KAR Auctions is more representative
of the small-cap market space.
- Cars.com Inc. (NYSE:CARS) will replace DSP Group Inc.
(NASD:DSPG) in the S&P SmallCap 600. S&P MidCap 400
constituent Synaptics Inc. (NASD:SYNA) is acquiring DSP Group in a
deal expected to be completed on December
2.
- NV5 Global Inc. (NASD:NVEE) will replace Raven Industries Inc.
(NASD:RAVN) in the S&P SmallCap 600. CNH Industrial N.V.
(NYSE: CNHI) is acquiring Raven Industries in a transaction
expected to be completed on November
30.
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
|
|
Dec. 2,
2021
|
S&P MidCap
400
|
Addition
|
Bruker
BioSciences
|
BRKR
|
Health
Care
|
|
S&P MidCap
400
|
Deletion
|
KAR Auction
Services
|
KAR
|
Industrials
|
|
S&P SmallCap
600
|
Addition
|
KAR Auction
Services
|
KAR
|
Industrials
|
|
S&P SmallCap
600
|
Addition
|
Cars.com
|
CARS
|
Communication
Services
|
|
S&P SmallCap
600
|
Addition
|
NV5 Global
|
NVEE
|
Industrials
|
|
S&P SmallCap
600
|
Deletion
|
Meredith
|
MDP
|
Communication
Services
|
|
S&P SmallCap
600
|
Deletion
|
DSP Group
|
DSPG
|
Information
Technology
|
|
S&P SmallCap
600
|
Deletion
|
Raven
Industries
|
RAVN
|
Industrials
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
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SOURCE S&P Dow Jones Indices