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NEW YORK, Nov. 8, 2023 /PRNewswire/ -- Core & Main Inc. (NYSE:CNM) will replace ACI Worldwide Inc. (NASD:ACIW) in the S&P MidCap 400, and ACI Worldwide will replace NextGen Healthcare Inc. (NASD:NXGN) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, November 13. Thoma Bravo is acquiring NextGen Healthcare in a deal expected to be completed soon, pending final closing conditions. ACI Worldwide is more representative of the small-cap market space.
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 |
November 13, 2023 | S&P MidCap 400 | Addition | Core & Main | CNM | Industrials |
S&P MidCap 400 | Deletion | ACI Worldwide | ACIW | Information Technology | |
S&P SmallCap 600 | Addition | ACI Worldwide | ACIW | Information Technology | |
S&P SmallCap 600 | Deletion | NextGen Healthcare | NXGN | Health Care |
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