NEW YORK, May 6, 2020 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P 500, S&P 100, S&P MidCap 400, and S&P SmallCap 600 effective prior to the opening on Tuesday, May 12:
DexCom Inc. (NASD:DXCM) will replace Allergan plc (NYSE:AGN) in the S&P 500, and S&P 500 constituent Salesforce.com (NYSE:CRM) will replace Allergan in the S&P 100. S&P 500 and 100 constituent AbbVie Inc. (NYSE: ABBV) is acquiring Allergan in a transaction expected to be completed soon pending final conditions.
S&P MidCap 400 constituent Domino's Pizza Inc. (NYSE:DPZ) will replace Capri Holdings Ltd. (NYSE:CPRI) in the S&P 500, STORE Capital Corp. (NYSE:STOR) will replace Domino's Pizza in the S&P MidCap 400, and Capri Holdings will replace Acorda Therapeutics Inc. (NASD:ACOR) in the S&P SmallCap 600. Domino's Pizza is more representative of the large-cap market space. Capri Holdings is more representative of the small-cap market space, and Acorda Therapeutics is no longer appropriate for the SmallCap 600.
DexCom focuses on the design, development, and commercialization of continuous glucose monitoring systems. Headquartered in San Diego, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Health Care Equipment Sub-Industry index.
Salesforce.com develops enterprise cloud computing solutions. The company is headquartered in San Francisco, CA.
Domino's Pizza operates as a pizza delivery company. Headquartered in Ann Arbor, MI, the company will be added to the S&P 500 GICS Restaurants Sub-Industry index.
STORE Capital is an internally managed net-lease real estate investment trust (REIT). Headquartered in Scottsdale, AZ, the company will be added to the S&P MidCap 400 GICS Diversified REITs Sub-Industry index.
Capri Holdings designs, markets, distributes, and retails branded women's and men's apparel and accessories. Headquartered in London, United Kingdom, the company will be added to the S&P SmallCap 600 GICS Apparel, Accessories & Luxury Goods Sub-Industry index.
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
DexCom Inc. (NASD:DXCM) will replace Allergan plc (NYSE:AGN) in the S&P 500, and S&P 500 constituent Salesforce.com (NYSE:CRM) will replace Allergan in the S&P 100. S&P 500 and 100 constituent AbbVie Inc. (NYSE: ABBV) is acquiring Allergan in a transaction expected to be completed soon pending final conditions.
S&P MidCap 400 constituent Domino's Pizza Inc. (NYSE:DPZ) will replace Capri Holdings Ltd. (NYSE:CPRI) in the S&P 500, STORE Capital Corp. (NYSE:STOR) will replace Domino's Pizza in the S&P MidCap 400, and Capri Holdings will replace Acorda Therapeutics Inc. (NASD:ACOR) in the S&P SmallCap 600. Domino's Pizza is more representative of the large-cap market space. Capri Holdings is more representative of the small-cap market space, and Acorda Therapeutics is no longer appropriate for the SmallCap 600.
DexCom focuses on the design, development, and commercialization of continuous glucose monitoring systems. Headquartered in San Diego, CA, the company will be added to the S&P 500 GICS (Global Industry Classification Standard) Health Care Equipment Sub-Industry index.
Salesforce.com develops enterprise cloud computing solutions. The company is headquartered in San Francisco, CA.
Domino's Pizza operates as a pizza delivery company. Headquartered in Ann Arbor, MI, the company will be added to the S&P 500 GICS Restaurants Sub-Industry index.
STORE Capital is an internally managed net-lease real estate investment trust (REIT). Headquartered in Scottsdale, AZ, the company will be added to the S&P MidCap 400 GICS Diversified REITs Sub-Industry index.
Capri Holdings designs, markets, distributes, and retails branded women's and men's apparel and accessories. Headquartered in London, United Kingdom, the company will be added to the S&P SmallCap 600 GICS Apparel, Accessories & Luxury Goods Sub-Industry index.
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
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