Duolingo Set to Join S&P MidCap 400; Cable One to Join S&P SmallCap 600
NEW YORK, April 17, 2024 /PRNewswire/ -- Duolingo Inc. (NASD:DUOL) will replace Cable One Inc. (NYSE:CABO) in the S&P MidCap 400, and Cable One will replace MDC Holdings Inc. (NYSE:MDC) in the S&P SmallCap 600 effective prior to the opening of trading Monday, April 22. Sekisui House Ltd. is acquiring MDC Holdings in a transaction expected to be completed on April 19, pending final 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 22, 2024 | S&P MidCap 400 | Addition | Duolingo | DUOL | Consumer Discretionary |
S&P MidCap 400 | Deletion | Cable One | CABO | Communication Services | |
S&P SmallCap 600 | Addition | Cable One | CABO | Communication Services | |
S&P SmallCap 600 | Deletion | MDC Holdings | MDC | Consumer Discretionary |
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