Pure Storage Set to Join S&P MidCap 400; Patterson Companies to Join S&P SmallCap 600

NEW YORK, Jan. 2, 2024 /PRNewswire/ -- Pure Storage Inc. (NYSE:PSTG) will replace Patterson Companies Inc. (NASD:PDCO) in the S&P MidCap 400, and Patterson Companies will replace Chico's FAS Inc. (NYSE:CHS) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, January 5. Sycamore Partners is acquiring Chico's FAS in a transaction expected to be completed on or about that date pending final conditions. Patterson Companies has a market capitalization that is more representative of the small-cap market space.                               

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
January 5, 2024	S&P MidCap 400	Addition	Pure Storage	PSTG	Information Technology
	S&P MidCap 400	Deletion	Patterson Companies	PDCO	Health Care
	S&P SmallCap 600	Addition	Patterson Companies	PDCO	Health Care
	S&P SmallCap 600	Deletion	Chico's FAS	CHS	Consumer Discretionary

 

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