NEW YORK, Dec. 10, 2019 /PRNewswire/ -- Choice Hotels
International Inc. (NYSE: CHH) will replace Plantronics Inc. (NYSE:
PLT) in the S&P MidCap 400, and Plantronics will replace
Vitamin Shoppe Inc. (NYSE: VSI) in the S&P SmallCap 600 prior
to the open of trading on Tuesday, December
17. Franchise Group Inc. (NASD: FRG) is acquiring Vitamin
Shoppe in a deal expected to be completed soon pending final
conditions. Plantronics has a market capitalization that is more
representative of the small-cap market space.
Choice Hotels International operates as a hotel franchisor.
Headquartered in Rockville, MD,
the company will be added to the S&P MidCap 400 GICS (Global
Industry Classification Standard) Hotels, Resorts & Cruise
Lines Sub-Industry index.
Plantronics designs, manufactures, and markets various
integrated communications and collaborations solutions for
corporate customers, small businesses and individuals.
Headquartered in Santa Cruz, CA,
the company will be added to the S&P SmallCap 600
Communications Equipment Sub-Industry index.
Following is a summary of the changes:
|
S&P MIDCAP 400
INDEX – December 17, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Choice Hotels
International
|
Consumer
Discretionary
|
Hotels, Resorts &
Cruise
Lines
|
|
DELETED
|
Plantronics
|
Information
Technology
|
Communications
Equipment
|
|
S&P SMALLCAP
600 INDEX – December 17, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Plantronics
|
Information
Technology
|
Communications
Equipment
|
|
DELETED
|
Vitamin
Shoppe
|
Consumer
Discretionary
|
Specialty
Stores
|
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