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NEW YORK, April 12, 2021 /PRNewswire/ -- B. Riley Financial Inc. (NASD: RILY) will replace The Michaels Companies Inc. (NASD: MIK) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, April 15. Apollo Global Management is acquiring The Michaels Companies in a deal expected to be completed soon pending final conditions.
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 |
April 15, 2021 | S&P SmallCap 600 | Addition | B. Riley Financial | RILY | Financials |
S&P SmallCap 600 | Deletion | The Michaels Cos | MIK | Consumer Discretionary |
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