Cooper Tire & Rubber to Join S&P MidCap 400; Hersha Hospitality Trust to Join S&P SmallCap 600

NEW YORK, Feb. 7, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 after the close of trading on Friday, February 10:

Cooper Tire & Rubber Co. (NYSE:CTB) will replace comScore Inc. (NASD:SCOR) in the S&P MidCap 400. NASDAQ announced that comScore will be delisted from its exchange due to non-compliance effective at the close of February 7, and therefore it will no longer be eligible for continued inclusion in the S&P MidCap 400.

Hersha Hospitality Trust (NYSE:HT) will replace WCI Communities Inc. (NYSE:WCIC) in the S&P SmallCap 600. S&P 500 constituent Lennar Corp. (NYSE:LEN) is acquiring WCI Communities in a deal expected to be completed on or about that date, pending final closing conditions.

Cooper Tire & Rubber manufactures and markets replacement tires worldwide. Headquartered in Findlay, OH, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Tires & Rubber Sub-Industry index.

Hersha Hospitality Trust, a real estate investment trust, engages in the ownership and operation of hotels. Headquartered in Philadelphia, PA, the company will be added to the S&P SmallCap 600 GICS Hotel & Resort REITs Sub-Industry index.

Following is a summary of the changes:

 

S&P MIDCAP 400 INDEX – FEBRUARY 10, 2017
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Cooper Tire & Rubber	Consumer Discretionary	Tire & Rubber
DELETED	comScore	Information Technology	Internet Software & Services

 

S&P SMALLCAP 600 INDEX – FEBRUARY 10, 2017
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Hersha Hospitality	Real Estate	Hotel & Resort REITs
DELETED	WCI Communities	Consumer Discretionary	Homebuilding

 

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

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S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.

FOR MORE INFORMATION:

Luke Shane
North America 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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