Press Releases
NEW YORK, Jan. 29, 2020 /PRNewswire/ -- S&P SmallCap 600 constituent Darling Ingredients Inc. (NYSE: DAR) will replace Liberty Property Trust (NYSE: LPT) in the S&P MidCap 400, and Sunrun Inc. (NASD: RUN) will replace Darling Ingredients in the S&P SmallCap 600 prior to the open of trading on Tuesday, February 4. S&P 500 constituent Prologis Inc. (NYSE: PLD) is acquiring Liberty Property Trust in a transaction expected to be completed soon pending final conditions.
Darling Ingredients develops, produces, and sells natural ingredients from edible and inedible bio-nutrients. Headquartered in Irving, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Agricultural Products Sub-Industry index.
Sunrun engages in the design, development, installation, sale, ownership, and maintenance of residential solar energy systems. Headquartered in San Francisco, CA, the company will be added to the S&P SmallCap 600 GICS Electrical Components & Equipment Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX – February 4, 2020 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Darling Ingredients | Consumer Staples | Agricultural Products |
DELETED | Liberty Property Trust | Real Estate | Diversified REITs |
S&P SMALLCAP 600 INDEX – February 4, 2020 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | Sunrun | Industrials | Electrical Components & Equipment |
DELETED | Darling Ingredients | Consumer Staples | Agricultural Products |
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