July 6, 2017 - 6:05 PM EDT
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Knight Transportation, Core Laboratories Set to Join S&P MidCap 400; SolarEdge Technologies to Join S&P SmallCap 600

NEW YORK, July 6, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices prior to the opening on Wednesday, July 12:

  • S&P SmallCap 600 constituent Knight Transportation Inc. (NYSE:KNX) will replace Kate Spade & Co. (NYSE:KATE) in the S&P MidCap 400, and SolarEdge Technologies Inc. (NASD:SEDG) will replace Knight Transportation in the S&P SmallCap 600. S&P 500 constituent Coach Inc. (NYSE:COH) is acquiring Kate Spade in a deal expected to be completed soon pending final closing conditions.
  • Core Laboratories N.V. (NYSE:CLB) will replace Panera Bread Co. (NASD:PNRA) in the S&P MidCap 400. JAB Holdings B.V. is acquiring Panera Bread in a deal expected to be completed soon pending final closing conditions.

Knight Transportation operates as a short-to-medium haul truckload carrier. Headquartered in Phoenix, AZ, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Trucking Sub-Industry index.

SolarEdge Technologies designs, develops, and sells direct current (DC) optimized inverter systems. Headquartered in Herziliya Pituach, Israel, the company will be added to the S&P SmallCap 600 GICS Semiconductor Equipment Sub-Industry index.

Core Laboratories provides reservoir description, production enhancement, and reservoir management services. Headquartered in Amsterdam, The Netherlands, the company will be added to the S&P MidCap 400 GICS Oil & Gas Equipment & Services Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – July 12, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Knight Transportation

Industrials

Trucking


Core Laboratories

Energy

Oil & Gas Equipment & Services

DELETED

Kate Spade

Consumer Discretionary

Apparel, Accessories & Luxury Goods


Panera Bread

Consumer Discretionary

Restaurants

 

S&P SMALLCAP 600 INDEX – July 12, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

SolarEdge Technologies

Information Technology

Semiconductor Equipment

DELETED

Knight Transportation

Industrials

Trucking

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 based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines 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:

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
[email protected]

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
[email protected]

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/knight-transportation-core-laboratories-set-to-join-sp-midcap-400-solaredge-technologies-to-join-sp-smallcap-600-300484432.html

SOURCE S&P Dow Jones Indices


Source: PR Newswire (July 6, 2017 - 6:05 PM EDT)

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