NEW YORK, July 20, 2016 /PRNewswire/ -- LGI Homes Inc.
(NASD:LGIH) will replace Krispy Kreme Doughnuts Inc. (NYSE:KKD) in
the S&P SmallCap 600 after the close of trading on Wednesday, July 27. JAB Holdings is acquiring
Krispy Kreme Doughnuts in a deal expected to be completed on or
about that date pending final approvals.
LGI Homes engages in the design, construction, marketing, and
sale of new homes. Headquartered in The
Woodlands, TX, the company will be added to the S&P
SmallCap 600 GICS (Global Industry Classification Standard)
Homebuilding Sub-Industry index.
Following is a summary of the change:
|
S&P SMALLCAP
600 INDEX – JULY 27, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
LGI Homes
|
Consumer
Discretionary
|
Homebuilding
|
|
DELETED
|
Krispy
Kreme
|
Consumer
Discretionary
|
Restaurants
|
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