NEW YORK, July 27, 2023 /PRNewswire/ -- Madison Square Garden Sports Corp. (NYSE:MSGS) will replace Aerojet Rocketdyne Holdings Inc. (NYSE:AJRD) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, August 1 . S&P 500 constituent L3Harris Technologies Inc. (NYSE:LHX) is acquiring Aerojet Rocketdyne in a deal that is expected to close on July 28, pending final conditions.
Following is a summary of the change that will take place prior to the open of trading on the effective date:
Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector |
August 1, 2023 | S&P SmallCap 600 | Addition | Madison Square Garden Sports | MSGS | Communication Services |
August 1, 2023 | S&P SmallCap 600 | Deletion | Aerojet Rocketdyne | AJRD | Industrials |
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