
Vylor entered the index on October 1, while Twilio and several other companies are scheduled to shift between indexes on October 6.
S&P Dow Jones Indices added Vylor Inc. to the S&P 500 on October 1, replacing Corteva Inc. The changes follow Corteva’s spin-off of Vylor, completed that day.
Before trading opens on October 6, Corteva is set to join the S&P MidCap 400, replacing Olin Corp. Olin will move to the S&P SmallCap 600, replacing Qorvo Inc. Vylor is also scheduled to shift to the Consumer Staples sector classification on October 6.
Twilio Inc. will join the S&P 500 on October 6, replacing Warner Bros. Discovery Inc. Formfactor Inc. is set to replace Twilio in the S&P MidCap 400, while Workiva Inc. will take Formfactor’s place in the S&P SmallCap 600.
The index changes are tied to pending deals involving Qorvo and Warner Bros. Discovery. Skyworks Solutions Inc. is acquiring Qorvo, and Paramount Skydance Corp. is acquiring Warner Bros. Discovery. Both deals are expected to close soon, subject to final closing conditions, according to the announcement.
This article was produced with the help of AI technology.
Source: Yahoo Finance