NEW YORK, Sept. 24, 2019 /PRNewswire/ -- Pacira BioSciences Inc. (NASD: PCRX) will replace Shutterfly Inc. (NASD: SFLY) in the S&P SmallCap 600 effective prior to the open of trading on Monday, September 30. Apollo Global Management Inc. (NYSE: APO) is acquiring Shutterfly in a transaction expected to be completed tomorrow pending final conditions.
Pacira BioSciences provides non-opioid pain management and regenerative health solutions for health care practitioners and their patients. Headquartered in Parsippany, NJ, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Pharmaceuticals Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – September 30, 2019
|
| COMPANY
| GICS ECONOMIC SECTOR
| GICS SUB-INDUSTRY
|
ADDED
| Pacira
BioSciences
| Health Care
| Pharmaceuticals
|
DELETED
| Shutterfly
| Consumer Discretionary
| Internet & Direct
Marketing Retail
|
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