Nexstar Media Group and PBF Energy Set to Join S&P MidCap 400; Sabre and Nu Skin Enterprises to Join S&P SmallCap 600

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Nov 28, 2022, 18:53 ET

NEW YORK, Nov. 28, 2022 /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 1:

Nexstar Media Group Inc. (NASD:NXST) will replace Sabre Corp. (NASD:SABR) in the S&P MidCap 400, and Sabre will replace Flagstar Bancorp Inc. (NYSE:FBC) in the S&P SmallCap 600. S&P MidCap 400 constituent New York Community Bancorp Inc. (NYSE: NYCB) is acquiring Flagstar Bancorp in a deal expected to be completed soon pending final conditions. Sabre has a market capitalization more representative of the small-cap market space.

S&P SmallCap 600 constituent PBF Energy Inc. (NYSE:PBF) will replace Nu Skin Enterprises Inc. (NYSE:NUS) in the S&P MidCap 400, and Nu Skin Enterprises will replace PBF Energy in the S&P SmallCap 600. PBF is more representative of the mid-cap market space, and Nu Skin is more representative of the small-cap market space.

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 1, 2022	S&P MidCap 400	Addition	Nexstar Media Group	NXST	Communication Services
	S&P MidCap 400	Addition	PBF Energy	PBF	Energy
	S&P MidCap 400	Deletion	Sabre Corporation	SABR	Information Technology
	S&P MidCap 400	Deletion	Nu Skin Enterprises	NUS	Consumer Staples
Dec 1, 2022	S&P SmallCap 600	Addition	Sabre Corporation	SABR	Information Technology
	S&P SmallCap 600	Addition	Nu Skin Enterprises	NUS	Consumer Staples
	S&P SmallCap 600	Deletion	Flagstar Bancorp	FBC	Financials
	S&P SmallCap 600	Deletion	PBF Energy	PBF	Energy

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