Uber Technologies, Jabil and Builders FirstSource Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600

NEW YORK, Dec. 1, 2023 /PRNewswire/ — S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, December 18, to coincide with the quarterly rebalance. The changes ensure each index is more representative of its market capitalization range. All companies being added to the S&P 500 are more representative of the large-cap market space, all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space, and all companies being added to the S&P SmallCap 600 are more representative of the small-cap market space. The companies being removed from the S&P SmallCap 600 are no longer representative of the small-cap market space. 

Uber Technologies Inc. (NYSE: UBER), S&P MidCap 400 constituents Jabil Inc (NYSE: JBL) and Builders FirstSource Inc. (NYSE: BLDR) will replace Sealed Air Corp. (NYSE: SEE), Alaska Air Group Inc. (NYSE: ALK) and SolarEdge Technologies Inc. (NASD: SEDG) in the S&P 500 respectively, S&P SmallCap 600 constituents Rambus Inc. (NASD: RMBS) and Comfort Systems USA Inc. (NYSE: FIX) will replace Jabil and Builders FirstSource in the S&P MidCap 400, and Sealed Air, Alaska Air Group, and SolarEdge Technologies will replace Orthofix Medical (NASD: OFIX), Rambus, and Comfort Systems USA respectively in the S&P SmallCap 600.Houlihan Lokey Inc. (NYSE: HLI) and Equitable Holdings Inc. (NYSE: EQH) will replace Topgolf Callaway Brands Corp. (NYSE: MODG) and Vestis Corp. (NYSE: VSTS) in the S&P MidCap 400, and Topgolf Callaway Brands and Vestis will replace Clearfield Inc. (NASD: CLFD) and OneSpan Inc. (NASD: OSPN) respectively in the S&P SmallCap 600.Alkermes plc (NASD: ALKS), Armstrong World Industries Inc. (NYSE: AWI), National HealthCare Corp. (NYSE American: NHC), and PJT Partners Inc. (NYSE: PJT) will replace Community Health Systems Inc. (NYSE: CYH), Invesco Mortgage Capital Inc (NYSE: IVR), Avid Bioservices Inc. (NASD: CDMO) and James River Group Holdings Ltd (NASD: JRVR) respectively in the S&P SmallCap 600.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

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SOURCE S&P Dow Jones Indices