SiTime Set to Join S&P MidCap 400; Emergent BioSolutions to Join S&P SmallCap 600
NEW YORK, Nov. 22, 2021 /PRNewswire/ -- SiTime Corp. (NASD: SITM) will replace Emergent BioSolutions Inc. (NYSE: EBS) in the S&P MidCap 400, and Emergent BioSolutions will replace Domtar Corp. (NYSE: UFS) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, November 30. Paper Excellence B.V. is acquiring Domtar in a deal expected to be completed soon pending final conditions. Emergent BioSolutions is more 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 |
Nov 30, 2021 | S&P MidCap 400 | Addition | SiTime | SITM | Information Technology |
S&P MidCap 400 | Deletion | Emergent BioSolutions | EBS | Health Care | |
S&P SmallCap 600 | Addition | Emergent BioSolutions | EBS | Health Care | |
S&P SmallCap 600 | Deletion | Domtar | UFS | Materials |
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