NEW YORK , June 24, 2022 /PRNewswire/ -- Portland General Electric Co. (NYSE: POR) will replace Digital Turbine Inc. (NASD: APPS) in the S&P MidCap 400, and Digital Turbine will replace Tivity Health Inc. (NASD: TVTY) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, June 29 . Stone Point Capital LLC is acquiring Tivity Health in a deal expected to be completed on June 28 . Digital Turbine 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 |
June 29, 2022 | S&P MidCap 400 | Addition | Portland General Electric | POR | Utilities |
S&P MidCap 400 | Deletion | Digital Turbine | APPS | Information Technology | |
S&P SmallCap 600 | Addition | Digital Turbine | APPS | Information Technology | |
S&P SmallCap 600 | Deletion | Tivity Health | TVTY | Health Care |
For more information about S&P Dow Jones Indices, please visit www.spdji.com
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.
FOR MORE INFORMATION:
S&P Dow Jones Indices
Media Inquiries
SOURCE S&P Dow Jones Indices