NEW YORK, Oct. 14, 2019 /PRNewswire/ -- S&P SmallCap 600 constituent SolarEdge Technologies Inc. (NASD: SEDG) will replace International Speedway Corp. (NASD: ISCA) in the S&P MidCap 400, and Glu Mobile Inc. (NASD: GLUU) will replace SolarEdge Technologies in the S&P SmallCap 600 effective prior to the open of trading on Friday, October 18. Nascar Holdings Inc. is acquiring International Speedway in a transaction expected to be completed on or about that date pending final conditions.
SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems. Headquartered in Herzliya, Israel, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Semiconductor Equipment Sub-Industry index.
Glu Mobile develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. Headquartered in San Francisco, CA, the company will be added to the S&P SmallCap 600 GICS Interactive Home Entertainment Sub-Industry index.
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SolarEdge Technologies designs, develops, and sells direct current optimized inverter systems. Headquartered in Herzliya, Israel, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Semiconductor Equipment Sub-Industry index.
Glu Mobile develops, publishes, and markets a portfolio of free-to-play mobile games for the users of smartphones and tablet devices. Headquartered in San Francisco, CA, the company will be added to the S&P SmallCap 600 GICS Interactive Home Entertainment Sub-Industry index.
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 become home to over 1,000,000 indices across the spectrum of asset classes that have helped 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
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
Index Governance Inquiries
IGCC@spglobal.com
SOURCE S&P Dow Jones Indices
