Choice Hotels International Set to Join S&P MidCap 400 and Plantronics to Join S&P SmallCap 600

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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