NEW YORK, Jan. 25, 2016 /PRNewswire/ -- S&P SmallCap
600 constituent comScore Inc. (NASD: SCOR) will replace The
Chemours Co. (NYSE: CC) in the S&P MidCap 400, and Chemours
will replace comScore in the S&P SmallCap 600 after the close
of trading on Friday, January 29.
comScore is acquiring Rentrak Corp. (NASD: RENT) in a deal expected
to be completed on or about that date pending final approvals, and
the combined company's market capitalization will be more
representative of the mid-cap market space. Chemours is ranked near
the bottom of the S&P MidCap 400 and has a market
capitalization more representative of the small-cap market
space.
comScore provides digital media analytics products and services.
Headquartered in Reston, VA, the
company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Internet Software & Services
Sub-Industry index.
Chemours is a chemical company that provides titanium
technologies, fluoroproducts, and chemical
solutions. Headquartered in Wilmington, DE, the company will be added to
the S&P SmallCap 600 GICS Diversified Chemicals Sub-Industry
index.
Following is a summary of the changes:
S&P MIDCAP 400
INDEX – January 29, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
comScore
|
Information
Technology
|
Internet Software
& Services
|
DELETED
|
Chemours
|
Materials
|
Diversified
Chemicals
|
S&P SMALLCAP
600 INDEX – January 29, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Chemours
|
Materials
|
Diversified
Chemicals
|
DELETED
|
comScore
|
Information
Technology
|
Internet Software
& Services
|
Additions to and deletions from S&P Dow Jones Indices
do not in any way reflect an opinion on the investment merits of
the companies involved.
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