NEW
YORK, Nov. 28, 2023 /PRNewswire/ -- Worthington
Steel Inc. (NYSE: WS) will be added to the S&P SmallCap 600
effective prior to the open of trading on Friday, December 1, replacing Sleep Number Corp.
(NASD: SNBR) which will be removed from the S&P SmallCap 600
effective before the open of trading on Monday, December 4. S&P SmallCap 600
constituent Worthington Industries Inc. (NYSE: WOR) is spinning off
Worthington Steel in a transaction
expected to be completed on December
1. Post spin-off, the parent Worthington Industries will
remain in the S&P SmallCap 600 and will change its name to
Worthington Enterprises Inc. It will also have a GICS sector change
to Consumer Discretionary. Sleep Number is no longer representative
of the small-cap market space.
Following is a summary of the changes that will take place prior
to the open of trading on the effective date:
|
Effective
Date
|
Index
Name
|
Action
|
Company
Name
|
Ticker
|
GICS Sector
|
|
December 1,
2023
|
S&P SmallCap
600
|
Addition
|
Worthington
Steel
|
WS
|
Materials
|
|
December 4,
2023
|
S&P SmallCap
600
|
Deletion
|
Sleep Number
|
SNBR
|
Consumer
Discretionary
|
|
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