NEW YORK, Sept. 7, 2018 /PRNewswire/ -- Weight Watchers
International Inc. (NYSE: WTW) will replace KLX Inc. (NASD:
KLXI) in the S&P MidCap 400, and KLX Energy Services Holdings
Inc. (NASD: KLXE) will replace FTD Companies Inc. (NASD: FTD) in
the S&P SmallCap 600 effective prior to the open of trading on
Tuesday, September 18, 2018.
S&P 500 constituent The Boeing Co. (NYSE: BA) is
acquiring KLX in a transaction expected to be completed on
Monday, September 17 pending final
conditions. Immediately prior to its acquisition, KLX will spin-off
KLX Energy Services Holdings to shareholders. FTD Companies is
ranked near the bottom of the S&P SmallCap 600 and is no longer
representative of the small-cap market space.
Weight Watchers provides weight management services.
Headquartered in New York, NY, the
company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Specialized Consumer Services
Sub-Industry index.
KLX Energy Services is a provider of completion, intervention
and production services and products to the major onshore oil and
gas producing regions. Headquartered in Wellington, FL, the company will be added to
the S&P SmallCap 600 GICS Oil & Gas Equipment &
Services Sub-Industry index
Following is a summary of the changes:
S&P MIDCAP 400
INDEX – SEPTEMBER 18, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Weight
Watchers
International
|
Consumer
Discretionary
|
Specialized
Consumer
Services
|
DELETED
|
KLX
|
Industrials
|
Aerospace &
Defense
|
S&P SMALLCAP
600 INDEX – SEPTEMBER 18, 2018
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
KLX Energy
Services
|
Energy
|
Oil & Gas
Equipment &
Services
|
DELETED
|
FTD
Companies
|
Consumer
Discretionary
|
Internet &
Direct
Marketing Retail
|
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visit www.spdji.com
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