Performance Food Group & Digital Turbine Set to Join S&P MidCap 400; TreeHouse Foods & Ligand Pharmaceuticals to Join S&P SmallCap 600
NEW YORK, Aug. 30, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
- Performance Food Group Co. (NYSE:PFGC) will replace TreeHouse Foods Inc. (NYSE:THS) in the S&P MidCap 400, and TreeHouse Foods will replace Core-Mark Holding Company Inc. (NASD: CORE) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, September 3. Performance Food Group is acquiring Core-Mark Holding Company in a deal pending final conditions. Treehouse Foods has a market capitalization that is more representative of the small-cap market space.
- Digital Turbine Inc. (NASD: APPS) will replace Ligand Pharmaceuticals Inc. (NASD: LGND) in the S&P MidCap 400, and Ligand Pharmaceuticals will replace Cincinnati Bell Inc. (NYSE:CBB) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, September 7. Macquarie Infrastructure and Real Assets Inc. are acquiring Cincinnati Bell in a deal pending final conditions. Ligand Pharmaceuticals has a market capitalization that 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 |
|
Sep 3, 2021 |
S&P MidCap 400 |
Addition |
Performance Food Group |
PFGC |
Consumer Staples |
|
|
S&P MidCap 400 |
Deletion |
TreeHouse Foods |
THS |
Consumer Staples |
|
|
S&P SmallCap 600 |
Addition |
TreeHouse Foods |
THS |
Consumer Staples |
|
|
S&P SmallCap 600 |
Deletion |
Core-Mark Holding |
CORE |
Consumer Discretionary |
|
Sep 7, 2021 |
S&P MidCap 400 |
Addition |
Digital Turbine |
APPS |
Information Technology |
|
|
S&P MidCap 400 |
Deletion |
Ligand Pharmaceuticals |
LGND |
Health Care |
|
|
S&P SmallCap 600 |
Addition |
Ligand Pharmaceuticals |
LGND |
Health Care |
|
|
S&P SmallCap 600 |
Deletion |
Cincinnati Bell |
CBB |
Communication Services |
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/performance-food-group--digital-turbine-set-to-join-sp-midcap-400-treehouse-foods--ligand-pharmaceuticals-to-join-sp-smallcap-600-301365584.html
SOURCE S&P Dow Jones Indices