Cara Therapeutics Set to Join S&P SmallCap 600
NEW YORK, April 5, 2021 /PRNewswire/ -- Cara Therapeutics Inc. (NASD:CARA) will replace MTS Systems Corp. (NASD:MTSC) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, April 8. S&P 500 constituent Amphenol Corp. (NYSE: APH) is acquiring MTS Systems in a deal expected to be completed soon pending final closing conditions.
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 |
April 8, 2021 | S&P SmallCap 600 | Addition | Cara Therapeutics | CARA | Health Care |
S&P SmallCap 600 | Deletion | MTS Systems | MTSC | Information Technology |
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