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    Flex Set to Join S&P MidCap 400; Azenta and Concentra Group Holdings to Join S&P SmallCap 600

    11/19/24 5:56:00 PM ET
    $AZTA
    $CON
    $ENV
    $FLEX
    Industrial Machinery/Components
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    Get the next $AZTA alert in real time by email

    NEW YORK, Nov. 19, 2024 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:

    • Flex Ltd (NASD: FLEX) will replace Azenta Inc. (NASD: AZTA) in the S&P MidCap 400, and Azenta will replace Envestnet Inc. (NYSE:ENV) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 25. Bain Capital is acquiring Envestnet in a deal expected to be completed soon, pending final closing conditions. Azenta's market capitalization is no longer representative of the mid-cap market space.
    • Concentra Group Holdings Inc. (NYSE:CON) will replace Myers Industries Inc. (NYSE:MYE) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, November 27. S&P SmallCap 600 constituent Select Medical Holdings Corp. (NYSE:SEM) is distributing the 80% of shares of Concentra Group Holdings it owns to shareholders in a transaction expected to be completed on November 26. Myers Industries' market capitalization is no longer representative of the small-cap market space.

    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

    Nov 25, 2024

    S&P MidCap 400

    Addition

    Flex

    FLEX

    Information Technology

    Nov 25, 2024

    S&P MidCap 400

    Deletion

    Azenta

    AZTA

    Health Care

    Nov 25, 2024

    S&P SmallCap 600

    Addition

    Azenta

    AZTA

    Health Care

    Nov 25, 2024

    S&P SmallCap 600

    Deletion

    Envestnet

    ENV

    Information Technology

    Nov 27, 2024

    S&P SmallCap 600

    Addition

    Concentra Group Holdings

    CON

    Health Care

    Nov 27, 2024

    S&P SmallCap 600

    Deletion

    Myers Industries

    MYE

    Materials

    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/flex-set-to-join-sp-midcap-400-azenta-and-concentra-group-holdings-to-join-sp-smallcap-600-302310669.html

    SOURCE S&P Dow Jones Indices

    Get the next $AZTA alert in real time by email

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