Staar Surgical Set to Join S&P MidCap 400; Prestige Consumer Healthcare & Bridge Bancorp to Join S&P SmallCap 600
NEW YORK, Jan. 25, 2021 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600:
- Staar Surgical Co. (NASD: STAA) will replace Prestige Consumer Healthcare Inc.
(NYSE: PBH) in the S&P MidCap 400, and Prestige Consumer Healthcare will replace Foundation Building Materials Inc. (NYSE: FBM) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, January 29. American Securities LLC is acquiring Foundation Building Materials in a deal expected to be completed soon pending final conditions. Prestige Consumer Healthcare is more representative of the small-cap market space.
- Bridge Bancorp Inc. (NASD: BDGE) will replace Dime Community Bancshares Inc.
(NASD: DCOM) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, February 1. Bridge Bancorp is acquiring Dime Community Bancshares 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 |
January 29, 2021 |
S&P MidCap 400 |
Addition |
Staar Surgical |
STAA |
Health Care |
S&P MidCap 400 |
Deletion |
Prestige Consumer Healthcare |
PBH |
Health Care |
|
S&P SmallCap 600 |
Addition |
Prestige Consumer Healthcare |
PBH |
Health Care |
|
S&P SmallCap 600 |
Deletion |
Foundation Building Materials |
FBM |
Industrials |
|
February 1, 2021 |
S&P SmallCap 600 |
Addition |
Bridge Bancorp |
BDGE |
Financials |
S&P SmallCap 600 |
Deletion |
Dime Community Bancshares |
DCOM |
Financials |
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:
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SOURCE S&P Dow Jones Indices
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