NEW YORK, April 17, 2024 /PRNewswire/ -- Duolingo Inc. (NASD:DUOL) will replace Cable One Inc. (NYSE:CABO) in the S&P MidCap 400, and Cable One will replace MDC Holdings Inc. (NYSE:MDC) in the S&P SmallCap 600 effective prior to the opening of trading Monday, April 22. Sekisui House Ltd. is acquiring MDC Holdings in a transaction expected to be completed on April 19, pending final conditions.
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
|
April 22, 2024
|
S&P MidCap 400
|
Addition
|
Duolingo
|
DUOL
|
Consumer Discretionary
|
|
S&P MidCap 400
|
Deletion
|
Cable One
|
CABO
|
Communication Services
|
|
S&P SmallCap 600
|
Addition
|
Cable One
|
CABO
|
Communication Services
|
|
S&P SmallCap 600
|
Deletion
|
MDC Holdings
|
MDC
|
Consumer Discretionary
|
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SOURCE S&P Dow Jones Indices