SailPoint Technologies Holdings Set to Join S&P MidCap 400; Sally Beauty Holdings to Join S&P SmallCap 600
PR Newswire
NEW YORK, Sept. 30, 2020
NEW YORK , Sept. 30, 2020 /PRNewswire/ -- SailPoint Technologies Holdings Inc. (NYSE:SAIL) will replace Sally Beauty Holdings Inc. (NYSE:SBH) in the S&P MidCap 400, and Sally Beauty Holdings will replace Oasis Petroleum Inc. (NASD:OAS) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, October 5 . Oasis Petroleum is filing for bankruptcy protection and is ineligible for continued inclusion in the S&P SmallCap 600. Sally Beauty Holdings has a market capitalization 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
|
Oct. 5, 2020
|
S&P MidCap 400
|
Addition
|
SailPoint Technologies Holdings
|
SAIL
|
Information Technology
|
Oct. 5, 2020
|
S&P MidCap 400
|
Deletion
|
Sally Beauty Holdings
|
SBH
|
Consumer Discretionary
|
Oct. 5, 2020
|
S&P SmallCap 600
|
Addition
|
Sally Beauty Holdings
|
SBH
|
Consumer Discretionary
|
Oct. 5, 2020
|
S&P SmallCap 600
|
Deletion
|
Oasis Petroleum
|
OAS
|
Energy
|
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