Penn National Gaming Set to Join S&P SmallCap 600
NEW YORK, March 22, 2017 /PRNewswire/ -- Penn National Gaming Inc. (NASD: PENN) will replace Cynosure Inc. (NASD: CYNO) in the S&P SmallCap 600 effective prior to the open on Monday, March 27. S&P 500 constituent Hologic Inc. (NASD: HOLX) acquired Cynosure in a deal completed today.
Penn National Gaming owns and manages gaming and racing facilities, and operates video gaming terminals with a focus on slot machine entertainment. Headquartered in Wyomissing, PA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Casinos & Gaming Sub-Industry index.
Following is a summary of the change:
S&P 600 INDEX – March 27, 2017 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Penn National Gaming |
Consumer Discretionary |
Casinos & Gaming |
DELETED |
Cynosure |
Health Care |
Health Care Equipment |
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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]
SOURCE S&P Dow Jones Indices
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