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Share Name | Share Symbol | Market | Type |
---|---|---|---|
Flagstar Bancorp Inc New | NYSE:FBC | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 37.54 | 0 | 00:00:00 |
By Kathryn Hardison
Nexstar Media Group Inc. and PBF Energy Inc. will join the S&P MidCap 400, while Sabre Corp. and Nu Skin Enterprises Inc. will move to the S&P SmallCap 600, the S&P Dow Jones Indices said Monday.
The changes will be effective prior to the opening of trading on Dec. 1, S&P Dow Jones Indices said.
Nexstar Media will replace Sabre in the S&P MidCap 400, while Sabre will replace Flagstar Bancorp Inc. in the S&P SmallCap 600.
New York Community Bancorp Inc. is acquiring Flagstar in a deal that is expected to be completed soon, the company noted.
Also, PBF Energy, a S&P SmallCap 600 constituent, is swapping places with Nu Skin Enterprises in the S&P MidCap 400.
The shifts better represent the companies and their respective market spaces, the S&P Dow Jones Indices.
For instance, Sabre noted that it has a market capitalization more representative of the small-cap market space.
Write to Kathryn Hardison at kathryn.hardison@wsj.com
(END) Dow Jones Newswires
November 28, 2022 18:15 ET (23:15 GMT)
Copyright (c) 2022 Dow Jones & Company, Inc.
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