Sandisk Set to Join S&P 500; Upwork, First Interstate BancSystem, PTC Therapeutics to Join S&P SmallCap 600
- S&P SmallCap 600 constituent
(Sandisk Corp .NASD : SNDK) will replaceThe (NYSE: IPG) in the S&P 500, andInterpublic Group of Companies Inc . (PTC Therapeutics Inc .NASD : PTCT) will replace Sandisk in the S&P SmallCap 600 effective prior to the opening of trading onFriday, November 28 . S&P 500 constituent (NYSE: OMC) is acquiringOmnicom Group Inc .The Interpublic Group of Companies in a deal expected to close soon, pending final conditions. -
(Upwork Inc .NASD : UPWK) will replace (Premier Inc .NASD : PINC) in the S&P SmallCap 600 effective prior to the open of trading onFriday, November 28 . PatientSquare Capital is acquiringPremier in a deal expected to be completedNovember 25 , pending final closing conditions. -
(First Interstate BancSystem Inc .NASD : FIBK) will replace (NYSE: HBI) in the S&P SmallCap 600 effective prior to the opening of trading onHanesbrands Inc .Tuesday, December 2 . (TMX/NYSE: GIL) is acquiring Hanesbrands in a deal expected to be completedGildan Activewear December 1 , 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 |
Ticker |
GICS Sector |
|
|
S&P 500 |
Addition |
Sandisk |
SNDK |
Information Technology |
|
|
S&P 500 |
Deletion |
|
IPG |
|
|
|
S&P SmallCap 600 |
Addition |
Upwork |
UPWK |
Industrials |
|
|
S&P SmallCap 600 |
Addition |
|
PTCT |
Health Care |
|
|
S&P SmallCap 600 |
Deletion |
Sandisk |
SNDK |
Information Technology |
|
|
S&P SmallCap 600 |
Deletion |
|
PINC |
Health Care |
|
|
S&P SmallCap 600 |
Addition |
|
FIBK |
Financials |
|
|
S&P SmallCap 600 |
Deletion |
Hanesbrands |
HBI |
Consumer Discretionary |
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