Palo Alto Networks listed on S&P 500; Others are joining the S&P MidCap 400 and S&P SmallCap 600

NEW YORK, June 2, 2023 /PRNewswire/ — S&P Dow Jones Indices (“S&P DJI”) will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600 indices prior to the start of trading on Tuesday June 20th, coinciding with the quarterly rebalancing. US stock markets remain closed Monday 19 June on the occasion of the public holiday June 19th. The changes ensure that each index better reflects its market cap range. All companies moving into the S&P MidCap 400 tend to represent the mid-cap market and all companies moving into the S&P SmallCap 600 tend to represent the small-cap market. The companies removed from the S&P SmallCap 600 are no longer representative of the small-cap market.

• Palo Alto Networks Inc. (NASD:PANW) becomes DISH Network Corp. (NASD:DISH) in the S&P 500 and DISH Network will replace Cutera Inc. (NASD:CUTR) in the S&P SmallCap 600.

• Doximity Inc. (NYSE:DOCS), Berry Global Group Inc. (NYSE:BERY), BWX Technologies Inc.DISH (NYSE:BWXT), Planet Fitness Inc. (NYSE:PLNT), Crown Holdings Inc. (NYSE:CCK) , Dropbox Inc. (NASD:DBX), Graphic Packaging Holding Co. (NYSE:GPK), Ovintiv Inc. (NYSE:OVV), ZoomInfo Technologies Inc. (NASD:ZI) and WESCO Intl Inc. (NYSE:WCC). replacing Dana Inc. (NYSE:DAN), John Wiley & Sons Inc. (NYSE:WLY), Sunpower Corp. (NASD:SPWR), Ingevity Corp. (NYSE:NGVT), Fulton Financial Corp. (PA) (NASD: FULL), Douglas Emmett (NYSE:DEI), Victoria’s Secret & Co. (NYSE:VSCO), Macerich Co. (NYSE:MAC), SiTime Corp. (NASD:SITM) and Navient Corp. (NASD:NAVI) each in the S&P MidCap 400. All constituents removed from the S&P MidCap 400 will be added to the S&P SmallCap 600, replacing PetMed Express Inc. (NASD:PETS), Comtech Telecommunications Corp. (NASD:CMTL), Eagle Pharmaceuticals Inc. (NASD:EGRX), Children’s Place Inc. (NASD:PLCE), Rayonier Advanced Materials Inc (NYSE:RYAM), LivePerson Inc. (NASD:LPSN), Gannett Co Inc. ( NYSE:GCI), DMC Global Inc. (NASD:BOOM), Genesco Inc. (NYSE:GCO) and Zumiez (NASD:ZUMZ).

• Artisan Partners Asset Management Inc. (NYSE:APAM), California Resources Corp. (NYSE:CRC), CarGurus Inc. (NASD:CARG), Moelis & Co. (NYSE:MC), Phillips Edison & Company Inc. (NASD:PECO), Schrodinger Inc. (NASD:SDGR) and UFP Technologies Inc. (NASD:UFPT) will become LendingTree Inc. (NASD:TREE), Tredegar Corp. (NYSE:TG) and Inogen replace Inc. (NASD:INGN), Douglas Elliman Inc. (NYSE:DOUG), FARO Technologies Inc. (NASD:FARO), Cara Therapeutics Inc. (NASD:CARA) and Big Lots Inc. (NYSE:BIG) in the S&P SmallCap 600.

The story goes on

The following is a summary of the changes that will take place prior to the opening of trading on the Effective Date:

Effective Date	index name	action	Company Name	ticker	GICS sector
June 19, 2023	S&P 500	additive	Palo Alto Networks	PANW	information technology
	S&P 500	deletion	DISH network	COURT	communication services
June 19, 2023	S&P Mid Cap 400	additive	Berry Global Group	BERY	materials
	S&P Mid Cap 400	additive	BWX Technologies	BWXT	Industry
	S&P Mid Cap 400	additive	crown holdings	CCK	materials
	S&P Mid Cap 400	additive	doximity	DOCS	healthcare
	S&P Mid Cap 400	additive	Dropbox	DBX	information technology
	S&P Mid Cap 400	additive	Graphic packaging holding	GPK	materials
	S&P Mid Cap 400	additive	ovitive	OVV	energy
	S&P Mid Cap 400	additive	PlanetFitness	PLNT	Consumer Discretionary
	S&P Mid Cap 400	additive	WESCO Intl	WCC	Industry
	S&P Mid Cap 400	additive	ZoomInfo Technologies	DAY	communication services
	S&P Mid Cap 400	deletion	dana	AND	Consumer Discretionary
	S&P Mid Cap 400	deletion	Douglas Emmett	OF	property
	S&P Mid Cap 400	deletion	Fulton Financial (PA)	UGLY	finance
	S&P Mid Cap 400	deletion	Ingevity	NGVT	materials
	S&P Mid Cap 400	deletion	John Wiley & Sons	WLY	communication services
	S&P Mid Cap 400	deletion	Macerich	MAC	property
	S&P Mid Cap 400	deletion	Navient	NAVI	finance
	S&P Mid Cap 400	deletion	SiTime	SITM	information technology
	S&P Mid Cap 400	deletion	solar power	SPWR	Industry
	S&P Mid Cap 400	deletion	Victoria’s Secret & Co	VSCO	Consumer Discretionary
June 19, 2023	S&P Small Cap 600	additive	Artisan Partners Asset Mgt	WHAT EVER	finance
	S&P Small Cap 600	additive	California Resources	CRC	energy
	S&P Small Cap 600	additive	CarGurus	charge	communication services
	S&P Small Cap 600	additive	dana	AND	Consumer Discretionary
	S&P Small Cap 600	additive	DISH network	COURT	communication services
	S&P Small Cap 600	additive	Douglas Emmett	OF	property
	S&P Small Cap 600	additive	Fulton Financial (PA)	UGLY	finance
	S&P Small Cap 600	additive	Ingevity	NGVT	materials
	S&P Small Cap 600	additive	John Wiley & Sons	WLY	communication services
	S&P Small Cap 600	additive	Macerich	MAC	property
	S&P Small Cap 600	additive	Moelis & Co	MC	finance
	S&P Small Cap 600	additive	Navient	NAVI	finance
	S&P Small Cap 600	additive	Phillips Edison & Co	PECO	property
	S&P Small Cap 600	additive	Schrodinger	SDGR	healthcare
	S&P Small Cap 600	additive	SiTime Corp	SITM	information technology
	S&P Small Cap 600	additive	Sunpower Corp	SPWR	Industry
	S&P Small Cap 600	additive	UFP Technologies	UFPT	healthcare
	S&P Small Cap 600	additive	Victoria’s Secret & Co	VSCO	Consumer Discretionary
	S&P Small Cap 600	deletion	Large quantities	LARGE	Consumer Discretionary
	S&P Small Cap 600	deletion	Cara Therapeutics	CARA	healthcare
	S&P Small Cap 600	deletion	children’s place	PLCE	Consumer Discretionary
	S&P Small Cap 600	deletion	Comtech Telecom	CMTL	information technology
	S&P Small Cap 600	deletion	Cute	CUT	healthcare
	S&P Small Cap 600	deletion	DMC Global	BOOM	energy
	S&P Small Cap 600	deletion	Douglas Elliman	DOUG	property
	S&P Small Cap 600	deletion	Eagle Pharmaceuticals	EGRX	healthcare
	S&P Small Cap 600	deletion	FARO Technologies	FARO	information technology
	S&P Small Cap 600	deletion	Gannett Co	GCI	communication services
	S&P Small Cap 600	deletion	Genesco	GCO	Consumer Discretionary
	S&P Small Cap 600	deletion	inogen	INGN	healthcare
	S&P Small Cap 600	deletion	LendingTree	TREE	finance
	S&P Small Cap 600	deletion	LivePerson	LPSN	information technology
	S&P Small Cap 600	deletion	PetMed Express	PETS	Consumer Discretionary
	S&P Small Cap 600	deletion	Rayonier Advanced Materials	RYAM	materials
	S&P Small Cap 600	deletion	Tredegar	TG	materials
	S&P Small Cap 600	deletion	Zumiez	CURRENTLY	Consumer Discretionary

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