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

<br /> Bruker BioSciences Set to Join S&P MidCap 400; Others to Join S&P SmallCap 600<br />

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

PR Newswire


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

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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.

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www.spdji.com

.


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SOURCE S&P Dow Jones Indices