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    Axon Enterprise Set to Join S&P 500; STAG Industrial to Join S&P MidCap 400

    5/1/23 6:20:00 PM ET
    $AXON
    $FRC
    $SPGI
    $STAG
    Ordnance And Accessories
    Industrials
    Commercial Banks
    Finance
    Get the next $AXON alert in real time by email

    NEW YORK, May 1, 2023 /PRNewswire/ -- S&P MidCap 400 constituent Axon Enterprise Inc. (NASD: AXON) will replace First Republic Bank (NYSE:FRC) in the S&P 500, and STAG Industrial Inc. (NYSE:STAG) will replace Axon Enterprise in the S&P MidCap 400 effective prior to the opening of trading on Thursday, May 4. The Federal Deposit Insurance Corp. (FDIC) announced that it has taken First Republic Bank into FDIC Receivership and therefore First Republic Bank is no longer eligible for inclusion.

    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

    May 4, 2023

    S&P 500

    Addition

    Axon Enterprise

    AXON

    Industrials



    S&P 500

    Deletion

    First Republic Bank

    FRC

    Financials



    S&P MidCap 400

    Addition

    STAG Industrial

    STAG

    Real Estate



    S&P MidCap 400

    Deletion

    Axon Enterprise

    AXON

    Industrials

    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.

    S&P Dow Jones Indices is a division of S&P Global (NYSE:SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

    FOR MORE INFORMATION:

    S&P Dow Jones Indices  

    [email protected]

    Media Inquiries  

    [email protected]

     

    Cision View original content:https://www.prnewswire.com/news-releases/axon-enterprise-set-to-join-sp-500-stag-industrial-to-join-sp-midcap-400-301812417.html

    SOURCE S&P Dow Jones Indices

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