NEW
YORK, Dec. 28, 2022 /PRNewswire/ -- GE
HealthCare Technologies Inc. (NASD: GEHC) will be added to the
S&P 500 effective prior to the open of trading on Wednesday, January 4, 2023, replacing Vornado
Realty Trust (NYSE: VNO), which will move to the S&P MidCap 400
effective prior to the open of trading on Thursday, January 5, 2023. Vornado Realty Trust
will replace RXO Inc. (NYSE: RXO) in the S&P MidCap 400, and
RXO will replace The Joint Corp. (NASD: JYNT) in the S&P
SmallCap 600 effective on the same date. S&P 500 and 100
constituent General Electric Co. (NYSE: GE) is spinning off GE
HealthCare Technologies in a transaction expected to be completed
post close on January 3. Vornado
Realty is more representative of the mid-cap market space. RXO is
more representative of the small-cap market space, and The Joint is
no longer representative of the small-cap market space.
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 4,
2023
|
S&P 500
|
Addition
|
GE HealthCare
Technologies
|
GEHC
|
Health Care*
|
January 5,
2023
|
S&P 500
|
Deletion
|
Vornado Realty
Trust
|
VNO
|
Real Estate
|
|
S&P MidCap
400
|
Addition
|
Vornado Realty
Trust
|
VNO
|
Real Estate
|
|
S&P MidCap
400
|
Deletion
|
RXO
|
RXO
|
Industrials
|
|
S&P SmallCap
600
|
Addition
|
RXO
|
RXO
|
Industrials
|
|
S&P SmallCap
600
|
Deletion
|
The Joint
|
JYNT
|
Health Care
|
*GICS effective open
Jan. 5.
|
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:
S&P Dow Jones
Indices
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
View original
content:https://www.prnewswire.com/news-releases/ge-healthcare-technologies-set-to-join-sp-500-vornado-realty-trust-to-join-sp-midcap-400-rxo-to-join-sp-smallcap-600-301710795.html
SOURCE S&P Dow Jones Indices