Cooper Tire & Rubber to Join S&P MidCap 400; Hersha Hospitality Trust to Join S&P SmallCap 600

NEW YORK, Feb. 7, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 after the close of trading on Friday, February 10:

Cooper Tire & Rubber Co. (NYSE:CTB) will replace comScore Inc. (NASD:SCOR) in the S&P MidCap 400. NASDAQ announced that comScore will be delisted from its exchange due to non-compliance effective at the close of February 7, and therefore it will no longer be eligible for continued inclusion in the S&P MidCap 400.

Hersha Hospitality Trust (NYSE:HT) will replace WCI Communities Inc. (NYSE:WCIC) in the S&P SmallCap 600. S&P 500 constituent Lennar Corp. (NYSE:LEN) is acquiring WCI Communities in a deal expected to be completed on or about that date, pending final closing conditions.

Cooper Tire & Rubber manufactures and markets replacement tires worldwide. Headquartered in Findlay, OH, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Tires & Rubber Sub-Industry index.

Hersha Hospitality Trust, a real estate investment trust, engages in the ownership and operation of hotels. Headquartered in Philadelphia, PA, the company will be added to the S&P SmallCap 600 GICS Hotel & Resort REITs Sub-Industry index.

Following is a summary of the changes:

 

S&P MIDCAP 400 INDEX – FEBRUARY 10, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Cooper Tire &
Rubber

Consumer Discretionary

Tire & Rubber

DELETED

comScore

Information Technology

Internet Software & Services

 

S&P SMALLCAP 600 INDEX – FEBRUARY 10, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Hersha
Hospitality

Real Estate

Hotel & Resort REITs

DELETED

WCI
Communities

Consumer Discretionary

Homebuilding

 

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 based on any other provider in the world. With over 1,000,000 indices and more than 120 years of experience constructing innovative and transparent solutions, S&P Dow Jones Indices defines 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:

Luke Shane
North America Communications
New York, USA
(+1) 212 438 8184
luke.shane@spglobal.com

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com

SOURCE S&P Dow Jones Indices