NEW YORK, April 20, 2017 /PRNewswire/ -- Applied
Optoelectronics Inc. (NASD: AAOI) will replace Adeptus Health Inc. (NYSE: ADPT) in the S&P SmallCap 600, effective prior to
the open on Tuesday, April 25. Adeptus Health has filed a voluntary petition for relief under
Chapter 11 of the Bankruptcy Code to pursue a plan of reorganization and has been halted by the NYSE effective before the market
open today.
Applied Optoelectronics designs, manufactures, and sells fiber-optic networking products primarily for internet data center,
cable television and fiber-to-the-home networking end markets. Headquartered in Sugar Land, TX,
the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Communications Equipment
Sub-Industry index.
Following is a summary of the changes:
|
S&P SMALLCAP 600 INDEX – APRIL 25, 2017
|
|
COMPANY
|
GICS ECONOMIC SECTOR
|
GICS SUB-INDUSTRY
|
|
ADDED
|
Applied
Optoelectronics
|
Information Technology
|
Communications
Equipment
|
|
DELETED
|
Adeptus Health
|
Health Care
|
Health Care Services
|
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