Knight Transportation, Core Laboratories Set to Join S&P MidCap 400; SolarEdge Technologies to Join S&P SmallCap 600

NEW YORK, July 6, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 indices prior to the opening on Wednesday, July 12:

• S&P SmallCap 600 constituent Knight Transportation Inc. (NYSE:KNX) will replace Kate Spade & Co. (NYSE:KATE) in the S&P MidCap 400, and SolarEdge Technologies Inc. (NASD:SEDG) will replace Knight Transportation in the S&P SmallCap 600. S&P 500 constituent Coach Inc. (NYSE:COH) is acquiring Kate Spade in a deal expected to be completed soon pending final closing conditions.
• Core Laboratories N.V. (NYSE:CLB) will replace Panera Bread Co. (NASD:PNRA) in the S&P MidCap 400. JAB Holdings B.V. is acquiring Panera Bread in a deal expected to be completed soon pending final closing conditions.

Knight Transportation operates as a short-to-medium haul truckload carrier. Headquartered in Phoenix, AZ, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Trucking Sub-Industry index.

SolarEdge Technologies designs, develops, and sells direct current (DC) optimized inverter systems. Headquartered in Herziliya Pituach, Israel, the company will be added to the S&P SmallCap 600 GICS Semiconductor Equipment Sub-Industry index.

Core Laboratories provides reservoir description, production enhancement, and reservoir management services. Headquartered in Amsterdam, The Netherlands, the company will be added to the S&P MidCap 400 GICS Oil & Gas Equipment & Services Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – July 12, 2017
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Knight Transportation	Industrials	Trucking
	Core Laboratories	Energy	Oil & Gas Equipment & Services
DELETED	Kate Spade	Consumer Discretionary	Apparel, Accessories & Luxury Goods
	Panera Bread	Consumer Discretionary	Restaurants

 

S&P SMALLCAP 600 INDEX – July 12, 2017
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	SolarEdge Technologies	Information Technology	Semiconductor Equipment
DELETED	Knight Transportation	Industrials	Trucking

For more information about S&P Dow Jones Indices, please visit www.spdji.com

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FOR MORE INFORMATION:

Soogyung Jordan
Global Head of Communications
New York, USA
([phone]
[e-mail]

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
([phone]
[e-mail]

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SOURCE S&P Dow Jones Indices

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