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Okta to be added to the S&P 500; other companies to join the S&P MidCap 400 and SmallCap 600
PR Newswire
1h ago
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Standard & Poor's Dow Jones Index announced that adjustments will be made to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 before the opening on November 4th. Okta will be included in the S&P 500, Glaukos will be added to the S&P MidCap 400, McGrath RentCorp will be included in the S&P SmallCap 600; Loar Holdings will replace LiveRamp and enter the S&P SmallCap 600.
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New York, October 30 (Reuters/ PR Newswire ) – Standard & Poor's Dow Jones Index announced that it will make the following adjustments to the S&P 500, S& P MidCap 400, and S& P SmallCap 600 before the opening on Wednesday, November 4:

  • S& P MidCap 400 constituents Okta Inc. ( NASD : OKTA ) will replace Kenvue Inc. ( NYSE : KVUE ) to enter the S&P 500; S& P SmallCap 600 constituents Glaukos Corp. ( NYSE : GKOS ) will replace Okta to enter the S&P 500; McGrath RentCorp ( NASD : MGRC ) will replace Glaukos to enter the S&P 500; P SmallCap 600 constituents. S&P 500 constituent Kimberly-Clark ( NASD : KMB ) is acquiring Kenvue, and this transaction is expected to be completed soon, but it still depends on the final settlement conditions.
  • Loar Holdings Inc. ( NYSE : LOAR ) will replace LiveRamp Holdings Inc. ( NYSE : RAMP ) to enter S& P SmallCap 600. Publicis Groupe SA ( Euronext Paris : PUB ) is acquiring LiveRamp Holdings, and this transaction is expected to be completed soon, but it still depends on the final delivery conditions.

The following is a summary of the changes that will occur before the opening on the effective date.

About the S&P Dow Jones Index

Standard & Poor's Dow Jones Indexes is the world's largest provider of core concepts, data, and research resources based on indices, and it is also the home to iconic financial market indicators such as the S&P 500® and the Dow Jones Industrial Average®. The scale of assets attracted by its index-based products exceeds that of any other index provider in the world. Since Charles Dow created the first index, S&P Dow Jones has continuously innovated and developed indices across various assets, helping to define the way investors measure and trade in the markets.

The S&P Dow Jones Index is a division of S&P Global ( NYSE : SPGI ), which provides critical intelligence to individuals, businesses, and governments to help them make decisions with confidence. For more information, please visit www.spglobal.com / spdji / en /.

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