Madison Square Garden Sports Set to Join S&P SmallCap 600
NEW YORK, July 27, 2023 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE:MSGS) will replace Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, August 1. S&P 500 constituent L3Harris Technologies Inc. (NYSE:LHX) is acquiring Aerojet Rocketdyne in a deal that is expected to close on July 28, pending final conditions.
Following is a summary of the change that will take place prior to the open of trading on the effective date:
Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector |
August 1, 2023 | S&P SmallCap 600 | Addition | Madison Square Garden Sports | MSGS | Communication Services |
August 1, 2023 | S&P SmallCap 600 | Deletion | Aerojet Rocketdyne | AJRD | 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]
View original content:https://www.prnewswire.com/news-releases/madison-square-garden-sports-set-to-join-sp-smallcap-600-301887879.html
SOURCE S&P Dow Jones Indices