Avantor Set to Join S&P MidCap 400; QuidelOrtho & Schneider National to Join S&P SmallCap 600
NEW YORK, July 23, 2024 /PRNewswire/ — S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
Avantor Inc. (NYSE:AVTR) will replace QuidelOrtho Corp. (NASD:QDEL) in the S&P MidCap 400, and QuidelOrtho will replace Hibbett Inc. (NASD:HIBB) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, July 26. JD Sports Fashion Plc (XLON: JD) is acquiring Hibbett in a deal expected to close soon pending final closing conditions.
Schneider National Inc. (NYSE:SNDR) will replace U.S. Silica Holdings Inc. (NYSE:SLCA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, July 31. Apollo Global Management Inc. (NYSE: APO) is acquiring U.S. Silica Holdings in a deal expected to close soon pending final closing 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
July 26, 2024
S&P MidCap 400
Addition
Avantor
AVTR
Health Care
July 26, 2024
S&P MidCap 400
Deletion
QuidelOrtho
QDEL
Health Care
July 26, 2024
S&P SmallCap 600
Addition
QuidelOrtho
QDEL
Health Care
July 26, 2024
S&P SmallCap 600
Deletion
Hibbett
HIBB
Consumer Discretionary
July 31, 2024
S&P SmallCap 600
Addition
Schneider National
SNDR
Industrials
July 31, 2024
S&P SmallCap 600
Deletion
U.S. Silica Holdings
SLCA
Energy
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SOURCE S&P Dow Jones Indices