Avantor Set to Join S&P MidCap 400; QuidelOrtho & Schneider National to Join S&P SmallCap 600
Avantor Set to Join S&P MidCap 400; QuidelOrtho & Schneider National to Join S&P SmallCap 600
PR Newswire
NEW YORK, July 23, 2024
NEW YORK, July 23, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
- Avantor Inc. (NYSE:AVTR) will replace QuidelOrtho Corp. (NASD:QDEL) in the S&P MidCap 400, and QuidelOrtho will replace Hibbett Inc. (NASD:HIBB) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 26. JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions.
- Schneider National Inc. (NYSE:SNDR) will replace U.S. Silica Holdings Inc. (NYSE:SLCA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 31. Apollo Global Management Inc. (NYSE: APO) is acquiring U.S. Silica Holdings in a deal expected to close soon pending final closing conditions.
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 |
July 26, 2024 | S&P MidCap 400 | Addition | Avantor | AVTR | Health Care |
July 26, 2024 | S&P MidCap 400 | Deletion | QuidelOrtho | QDEL | Health Care |
July 26, 2024 | S&P SmallCap 600 | Addition | QuidelOrtho | QDEL | Health Care |
July 26, 2024 | S&P SmallCap 600 | Deletion | Hibbett | HIBB | Consumer Discretionary |
July 31, 2024 | S&P SmallCap 600 | Addition | Schneider National | SNDR | Industrials |
July 31, 2024 | S&P SmallCap 600 | Deletion | U.S. Silica Holdings | SLCA | Energy |
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 essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
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SOURCE S&P Dow Jones Indices
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