Novanta Set to Join S&P MidCap 400; Six Flags Entertainment to Join S&P SmallCap 600
NEW YORK, July 21, 2022 /PRNewswire/ -- Novanta Inc. (NASD: NOVT) will replace Six Flags Entertainment Corp. (NYSE:SIX) in the S&P MidCap 400, and Six Flags will replace Natus Medical Inc. (NASD: NTUS) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, July 26. ArchiMed acquired Natus Medical in a deal that closed today. Six Flags Entertainment is more 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 |
July 26, 2022 | S&P MidCap 400 | Addition | Novanta | NOVT | Information Technology |
S&P MidCap 400 | Deletion | Six Flags Entertainment | SIX | Consumer Discretionary | |
S&P SmallCap 600 | Addition | Six Flags Entertainment | SIX | Consumer Discretionary | |
S&P SmallCap 600 | Deletion | Natus Medical | NTUS | Health Care |
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