SailPoint Technologies Holdings Set to Join S&P MidCap 400; Sally Beauty Holdings to Join S&P SmallCap 600
NEW YORK, Sept. 30, 2020 /PRNewswire/ -- SailPoint Technologies Holdings Inc. (NYSE:SAIL) will replace Sally Beauty Holdings Inc. (NYSE:SBH) in the S&P MidCap 400, and Sally Beauty Holdings will replace Oasis Petroleum Inc. (NASD:OAS) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, October 5. Oasis Petroleum is filing for bankruptcy protection and is ineligible for continued inclusion in the S&P SmallCap 600. Sally Beauty Holdings has a market capitalization 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 |
Oct. 5, 2020 |
S&P MidCap 400 |
Addition |
SailPoint Technologies Holdings |
SAIL |
Information Technology |
Oct. 5, 2020 |
S&P MidCap 400 |
Deletion |
Sally Beauty Holdings |
SBH |
Consumer Discretionary |
Oct. 5, 2020 |
S&P SmallCap 600 |
Addition |
Sally Beauty Holdings |
SBH |
Consumer Discretionary |
Oct. 5, 2020 |
S&P SmallCap 600 |
Deletion |
Oasis Petroleum |
OAS |
Energy |
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 products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define 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:
S&P Dow Jones Indices
[email protected]
Media Inquiries
[email protected]
SOURCE S&P Dow Jones Indices
![](https://rt.prnewswire.com/rt.gif?NewsItemId=NY43640&Transmission_Id=202009301854PR_NEWS_USPR_____NY43640&DateId=20200930)
Share this article