NEW YORK, March 22, 2017 /PRNewswire/ -- Penn National
Gaming Inc. (NASD: PENN) will replace Cynosure Inc. (NASD: CYNO) in
the S&P SmallCap 600 effective prior to the open on
Monday, March 27. S&P 500
constituent Hologic Inc. (NASD: HOLX) acquired Cynosure in a deal
completed today.
Penn National Gaming owns and manages gaming and racing
facilities, and operates video gaming terminals with a focus on
slot machine entertainment. Headquartered in Wyomissing, PA, the company will be added to
the S&P SmallCap 600 GICS (Global Industry Classification
Standard) Casinos & Gaming Sub-Industry index.
Following is a summary of the change:
|
S&P 600 INDEX
– March 27, 2017
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Penn National
Gaming
|
Consumer
Discretionary
|
Casinos &
Gaming
|
|
DELETED
|
Cynosure
|
Health
Care
|
Health Care
Equipment
|
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SOURCE S&P Dow Jones Indices