Exponent Set to Join S&P MidCap 400; CVR Energy and Certara to Join S&P SmallCap 600
NEW YORK, March 15, 2023 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
- CVR Energy Inc. (NYSE:CVI) will replace Atlas Air Worldwide Holdings Inc. (NASD: AAWW) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, March 21. Apollo Global Management Inc. (NYSE:APO) is acquiring Atlas Air Worldwide Holdings in a transaction expected to close soon pending final conditions.
- S&P SmallCap 600 constituent Exponent Inc. (NASD: EXPO) will replace IAA Inc. (NYSE:IAA) in the S&P MidCap 400, and Certara Inc. (NASD: CERT) will replace Exponent in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, March 22. Ritchie Bros. Auctioneers Inc. (NYSE:RBA) is acquiring IAA in a transaction expected to close soon pending final conditions.
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 | |
March 21, 2023 | S&P SmallCap 600 | Addition | CVR Energy | CVI | Energy | |
S&P SmallCap 600 | Deletion | Atlas Air Worldwide Holdings | AAWW | Industrials | ||
March 22, 2023 | S&P MidCap 400 | Addition | Exponent | EXPO | Industrials | |
S&P MidCap 400 | Deletion | IAA | IAA | Industrials | ||
S&P SmallCap 600 | Addition | Certara | CERT | Health Care | ||
S&P SmallCap 600 | Deletion | Exponent | EXPO | Industrials | ||
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SOURCE S&P Dow Jones Indices