NEW YORK, Dec. 17, 2018 /PRNewswire/ -- SMART Global Holdings Inc. (NASD: SGH) will replace XO Group Inc. (NYSE: XOXO) in the S&P SmallCap 600 effective prior to the open of trading on Monday, December 24. WeddingWire Inc. is acquiring XO Group in a deal expected to be completed soon pending final approvals.
SMART Global Holdings designs, manufactures, and supplies specialty memory solutions. Headquartered in Newark, CA, the company will be added to the S&P SmallCap 600 Global Industry Classification Standard (GICS) Semiconductors Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – DECEMBER 24, 2018 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
SMART Global |
Information Technology |
Semiconductors |
DELETED |
XO Group |
Communication Services |
Interactive Media & Services |
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