NEW YORK, Sept. 24, 2024 /PRNewswire/ -- Amentum Holdings Inc. (NYSE: AMTM) will be added to the S&P 500 effective prior to the open of trading on Monday, September 30, replacing Bath & Body Works, Inc. (NYSE: BBWI), which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Tuesday, October 1. Bath & Body Works will replace Movado Group, Inc. (NYSE: MOV) in the S&P SmallCap 600 also effective prior to the open of trading on October 1. S&P 500 constituent Jacob's Solutions Inc. (NYSE: J) is spinning off its Critical Mission Solutions and Cyber Intelligence business, which will merge with private Amentum to create newly publicly traded Amentum Holdings in a transaction expected to be completed on September 30. Bath & Body Works is no longer representative of the large-cap market space and Movado is no longer 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
|
|
Sept 30, 2024
|
S&P 500
|
Addition
|
Amentum
|
AMTM
|
Industrials
|
|
Oct 1, 2024
|
S&P 500
|
Deletion
|
Bath & Body Works
|
BBWI
|
Consumer Discretionary
|
|
Oct 1, 2024
|
S&P SmallCap 600
|
Addition
|
Bath & Body Works
|
BBWI
|
Consumer Discretionary
|
|
Oct 1, 2024
|
S&P SmallCap 600
|
Deletion
|
Movado
|
MOV
|
Consumer Discretionary
|
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SOURCE S&P Dow Jones Indices
