NEW YORK, June 25, 2025 /PRNewswire/ -- Ralliant Corp. (NYSE: RAL) will replace Wolfspeed Corp. (NYSE: WOLF) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, July 1. S&P 500 constituent Fortive Corp. (NYSE:FTV) is spinning off Ralliant in a transaction expected to be completed on June 30. Fortive will remain in the S&P 500 post spin-off. Wolfspeed announced its intention to file for bankruptcy on or before July 1 and is therefore no longer eligible for continued inclusion in the S&P SmallCap 600.
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 | |
July 1, 2025 | S&P SmallCap 600 | Addition | Ralliant | RAL | Information Technology | |
July 1, 2025 | S&P SmallCap 600 | Deletion | Wolfspeed | WOLF | Information Technology | |
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