Press Releases
NEW YORK, Feb. 5, 2016 /PRNewswire/ -- Sprouts Farmers Market Inc. (NASDAQ: SFM) will replace SolarWinds Inc. (NYSE: SWI) in the S&P MidCap 400 after the close of trading on Monday, February 8. Private equity firms Silver Lake Partners and Thoma Bravo LLC acquired SolarWinds in a deal that closed today.
Sprouts Farmers Market operates as a specialty retailer of fresh, natural, and organic food. Headquartered in Phoenix, AZ, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Food Retail Sub-Industry index.
Following is a summary of the change:
S&P MIDCAP 400 INDEX – February 8, 2016 |
|||
COMPANY |
GICS ECONOMIC SECTOR |
GICS SUB-INDUSTRY |
|
ADDED |
Sprouts Farmers |
Consumer Staples |
Food Retail |
DELETED |
SolarWinds |
Information Technology |
Application Software |
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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