Madison Square Garden Sports Set to Join S&P SmallCap 600
28 July 2023
Madison Square Garden Sports Corp. will replace Aerojet Rocketdyne Holdings Inc. 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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Source: prnewswire.com