Chesapeake Utilities to Join S&P SmallCap 600
NEW YORK, Sept. 25, 2020 /PRNewswire/ -- Chesapeake Utilities Corp (NYSE:CPK) will replace Momenta Pharmaceuticals Inc (NASD:MNTA) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, October 1. S&P 500 constituent Johnson & Johnson (NYSE: JNJ) is acquiring Momenta Pharmaceuticals in a deal expected to be completed 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 |
October 1, 2020 |
S&P SmallCap 600 |
Addition |
Chesapeake Utilities |
CPK |
Utilities |
October 1, 2020 |
S&P SmallCap 600 |
Deletion |
Momenta Pharmaceuticals |
MNTA |
Health Care |
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