Bruker BioSciences Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600

NEW YORK, Nov. 24, 2021 /PRNewswire/ — S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the opening of trading on Thursday, December 2:

  • Bruker BioSciences Corp. (NASD:BRKR) will replace KAR Auction Services Inc. (NYSE:KAR) in the S&P MidCap 400, and KAR Auction Services will replace Meredith Corp. (NYSE:MDP) in the S&P SmallCap 600. Meredith is being acquired in a two-step transaction that is expected to be completed on or about December 1. KAR Auctions is more representative of the small-cap market space.

  • Cars.com Inc. (NYSE:CARS) will replace DSP Group Inc. (NASD:DSPG) in the S&P SmallCap 600.  S&P MidCap 400 constituent Synaptics Inc. (NASD:SYNA) is acquiring DSP Group in a deal expected to be completed on December 2.

  • NV5 Global Inc. (NASD:NVEE) will replace Raven Industries Inc. (NASD:RAVN) in the S&P SmallCap 600. CNH Industrial N.V. (NYSE: CNHI) is acquiring Raven Industries in a transaction expected to be completed on November 30.

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

Dec. 2, 2021

S&P MidCap 400

Addition

Bruker BioSciences

BRKR

Health Care

S&P MidCap 400

Deletion

KAR Auction Services

KAR

Industrials

S&P SmallCap 600

Addition

KAR Auction Services

KAR

Industrials

S&P SmallCap 600

Addition

Cars.com

CARS

Communication Services

S&P SmallCap 600

Addition

NV5 Global

NVEE

Industrials

S&P SmallCap 600

Deletion

Meredith

MDP

Communication Services

S&P SmallCap 600

Deletion

DSP Group

DSPG

Information Technology

S&P SmallCap 600

Deletion

Raven Industries

RAVN

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/bruker-biosciences-set-to-join-sp-midcap-400-others-to-join-sp-smallcap-600-301431948.html

SOURCE S&P Dow Jones Indices

Bruker BioSciences Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600 WeeklyReviewer

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