NEW YORK, Nov. 4, 2019 /PRNewswire/ -- Shenandoah
Telecommunications Co. (NASD: SHEN) will replace Genomic Health
Inc. (NASD: GHDX) in the S&P SmallCap 600 effective prior to
the open of trading on Friday, November
8. Exact Sciences Corp. (NASD:EXAS) is acquiring Genomic
Health in a transaction expected to be completed soon pending final
conditions.
Shenandoah Telecommunications provides wireless, cable, and
wireline telecommunications services to customers and other
telecommunications providers. Headquartered in Edinburg, VA, the company will be added to the
S&P SmallCap 600 GICS (Global Industry Classification Standard)
Wireless Telecommunication Services Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP
600 INDEX – November 8, 2019
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
ADDED
|
Shenandoah
Telecommunications
|
Communication
Services
|
Wireless
Telecommunication
Services
|
DELETED
|
Genomic
Health
|
Health
Care
|
Biotechnology
|
For more information about S&P Dow Jones Indices, please
visit www.spdji.com
ABOUT S&P DOW JONES INDICES
S&P Dow Jones Indices is the largest global resource for
essential index-based concepts, data and research, and home to
iconic financial market indicators, such as the S&P
500® and the Dow Jones Industrial Average®.
More assets are invested in products based on our indices than
products based on indices from any other provider in the world.
Since Charles Dow invented the first
index in 1884, S&P DJI has become home to over 1,000,000
indices across the spectrum of asset classes that have helped
define the way investors measure and trade the markets.
S&P Dow Jones Indices is a division of S&P Global (NYSE:
SPGI), which provides essential intelligence for individuals,
companies, and governments to make decisions with confidence. For
more information, visit www.spdji.com.
FOR MORE INFORMATION:
S&P Dow Jones Indices
index_services@spglobal.com
Media Inquiries
spdji.comms@spglobal.com
Index Governance Inquiries
IGCC@spglobal.com
View original
content:http://www.prnewswire.com/news-releases/shenandoah-telecommunications-set-to-join-sp-smallcap-600-300951170.html
SOURCE S&P Dow Jones Indices