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NEW YORK , March 15, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600: 

  • CVR Energy Inc. (NYSE: CVI) will replace Atlas Air Worldwide Holdings Inc. (NASD: AAWW) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, March 21. Apollo Global Management Inc. (NYSE: APO) is acquiring Atlas Air Worldwide Holdings in a transaction expected to close soon pending final conditions.
     
  • S&P SmallCap 600 constituent Exponent Inc. (NASD: EXPO) will replace IAA Inc. (NYSE: IAA) in the S&P MidCap 400, and Certara Inc. (NASD: CERT) will replace Exponent in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, March 22. Ritchie Bros. Auctioneers Inc. (TSX/NYSE: RBA) is acquiring IAA in a transaction expected to close soon pending final 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

March 21, 2023

S&P SmallCap 600

Addition

CVR Energy

CVI

Energy


S&P SmallCap 600

Deletion

Atlas Air Worldwide Holdings

AAWW

Industrials

March 22, 2023

S&P MidCap 400

Addition

Exponent

EXPO

Industrials


S&P MidCap 400

Deletion

IAA

IAA

Industrials


S&P SmallCap 600

Addition

Certara

CERT

Health Care


S&P SmallCap 600

Deletion

Exponent

EXPO

Industrials








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Cision View original content:https://www.prnewswire.com/news-releases/exponent-set-to-join-sp-midcap-400-cvr-energy-and-certara-to-join-sp-smallcap-600-301773510.html

SOURCE S&P Dow Jones Indices