Vylor Added to the S&P 500; Twilio Set to Join S&P 500; Others to Join S&P MidCap 400 and S&P SmallCap 600
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- Vylor Inc. (NYSE: VYLR) was added to the S&P 500 on
October 1 when S&P 500 constituent Corteva Inc (NYSE: CTVA) spun off Vylor in a transaction completed on that date. Vylor replaces Corteva in the S&P 500. Corteva will replace Olin Corp (NYSE: OLN) in the S&P MidCap 400, and Olin will replace Qorvo, Inc (NASD: QRVO) in the S&P SmallCap 600 effective prior to the opening of trading onTuesday, October 6 . S&P 500 constituent Skyworks Solutions Inc. (NASD: SWKS) is acquiring Qorvo in a deal expected to be completed soon, pending final closing conditions. Vylor will have a Global Industry Classification Standard (GICS) change to Consumer Staples effective onOctober 6 . Post spin-off, Corteva will be more representative of the mid-cap market space. - S&P MidCap 400 constituent Twilio Inc. (NYSE: TWLO) will replace Warner Bros. Discovery, Inc. (NASD: WBD) in the S&P 500, S&P SmallCap 600 constituent Formfactor Inc. (NASD: FORM) will replace Twilio in the S&P MidCap 400, and Workiva Inc. (NYSE: WK) will replace Formfactor in the S&P SmallCap 600 effective prior to the opening of trading on
Tuesday, October 6 . S&P 500 constituent Paramount Skydance Corp. (NASD: PSKY) is acquiring Warner Bros. Discovery in a deal expected to be completed soon pending final closing conditions. Post merger, Paramount Skydance will switch its primary listing to the NYSE.
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 |
|
|
S&P 500 |
Addition |
Vylor |
VYLR |
Consumer Staples |
|
|
S&P 500 |
Deletion |
Corteva |
CTVA |
Materials |
|
|
S&P 500 |
Addition |
Twilio |
TWLO |
Information Technology |
|
|
S&P 500 |
Deletion |
Warner Bros. |
WBD |
Communication Services |
|
|
S&P MidCap 400 |
Addition |
Formfactor |
FORM |
Information Technology |
|
|
S&P MidCap 400 |
Deletion |
Twilio |
TWLO |
Information Technology |
|
|
S&P MidCap 400 |
Addition |
Corteva |
CTVA |
Materials |
|
|
S&P MidCap 400 |
Deletion |
Olin |
OLN |
Materials |
|
|
S&P SmallCap 600 |
Addition |
Workiva |
WK |
Information Technology |
|
|
S&P SmallCap 600 |
Deletion |
Formfactor |
FORM |
Information Technology |
|
|
S&P SmallCap 600 |
Addition |
Olin |
OLN |
Materials |
|
|
S&P SmallCap 600 |
Deletion |
Qorvo |
QRVO |
Information Technology |
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View original content:https://www.prnewswire.com/news-releases/vylor-added-to-the-sp-500-twilio-set-to-join-sp-500-others-to-join-sp-midcap-400-and-sp-smallcap-600-302896675.html
SOURCE S&P Dow Jones Indices
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