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Applied Optoelectronics Set to Join S&P SmallCap 600

April 20, 2017 6:07 PM EDT

NEW YORK, April 20, 2017 /PRNewswire/ -- Applied Optoelectronics Inc. (NASD: AAOI) will replace Adeptus Health Inc. (NYSE: ADPT) in the S&P SmallCap 600, effective prior to the open on Tuesday, April 25. Adeptus Health has filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code to pursue a plan of reorganization and has been halted by the NYSE effective before the market open today.

Applied Optoelectronics designs, manufactures, and sells fiber-optic networking products primarily for internet data center, cable television and fiber-to-the-home networking end markets. Headquartered in Sugar Land, TX, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Communications Equipment Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – APRIL 25, 2017

COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Applied Optoelectronics

Information Technology

Communications Equipment

DELETED

Adeptus Health

Health Care

Health Care Services

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FOR MORE INFORMATION:

Soogyung JordanGlobal Head of Communications New York, USA(+1) 212 438 2297[email protected]

David BlitzerManaging Director and Chairman of the Index Committee New York, USA(+1) 212 438 3907[email protected]

 

To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/applied-optoelectronics-set-to-join-sp-smallcap-600-300443200.html

SOURCE S&P Dow Jones Indices



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