Press Releases
NEW YORK, April 13, 2020 /PRNewswire/ -- S&P SmallCap 600 constituent LHC Group Inc. (NASD: LHCG) will replace Cypress Semiconductor Corp. (NASD: CY) in the S&P MidCap 400, and YETI Holdings Inc. (NYSE: YETI) will replace LHC Group in the S&P SmallCap 600 prior to the open of trading on Friday, April 17. Infineon Technologies AG (XETR: IFX, PINX: IFNNY) is acquiring Cypress Semiconductor in a transaction expected to be completed soon pending final conditions.
LHC Group specializes in the post-acute continuum of care primarily for Medicare beneficiaries. Headquartered in Lafayette, LA, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Health Care Services Sub-Industry index.
YETI Holdings designs, markets, retails, and distributes products for the outdoor and recreation market. Headquartered in Austin, TX, the company will be added to the S&P SmallCap 600 GICS Leisure Products Sub-Industry index.
Following is a summary of the changes:
S&P MIDCAP 400 INDEX – April 17, 2020 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | LHC Group | Health Care | Health Care Services |
DELETED | Cypress Semiconductor | Information Technology | Semiconductors |
S&P SMALLCAP 600 INDEX – April 17, 2020 | |||
COMPANY | GICS ECONOMIC SECTOR | GICS SUB-INDUSTRY | |
ADDED | YETI Holdings | Consumer Discretionary | Leisure Products |
DELETED | LHC Group | Health Care | Health Care Services |
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