GE HealthCare Technologies Set to Join S&P 500; Vornado Realty Trust to Join S&P MidCap 400; RXO to Join S&P SmallCap 600

Ella Castle

NEW YORK, Dec. 28, 2022 /PRNewswire/ — GE HealthCare Technologies Inc. (NASD: GEHC) will be added to the S&P 500 effective prior to the open of trading on Wednesday, January 4, 2023, replacing Vornado Realty Trust (NYSE: VNO), which will move to the S&P MidCap 400 effective prior to the […]

NEW YORK, Dec. 28, 2022 /PRNewswire/ — GE HealthCare Technologies Inc. (NASD: GEHC) will be added to the S&P 500 effective prior to the open of trading on Wednesday, January 4, 2023, replacing Vornado Realty Trust (NYSE: VNO), which will move to the S&P MidCap 400 effective prior to the open of trading on Thursday, January 5, 2023. Vornado Realty Trust will replace RXO Inc. (NYSE: RXO) in the S&P MidCap 400, and RXO will replace The Joint Corp. (NASD: JYNT) in the S&P SmallCap 600 effective on the same date. S&P 500 and 100 constituent General Electric Co. (NYSE: GE) is spinning off GE HealthCare Technologies in a transaction expected to be completed post close on January 3. Vornado Realty is more representative of the mid-cap market space. RXO is more representative of the small-cap market space, and The Joint 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

January 4, 2023

S&P 500

Addition

GE HealthCare Technologies

GEHC

Health Care*

January 5, 2023

S&P 500

Deletion

Vornado Realty Trust

VNO

Real Estate

S&P MidCap 400

Addition

Vornado Realty Trust

VNO

Real Estate

S&P MidCap 400

Deletion

RXO

RXO

Industrials

S&P SmallCap 600

Addition

RXO

RXO

Industrials

S&P SmallCap 600

Deletion

The Joint

JYNT

Health Care

*GICS effective open Jan. 5.

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View original content:https://www.prnewswire.com/news-releases/ge-healthcare-technologies-set-to-join-sp-500-vornado-realty-trust-to-join-sp-midcap-400-rxo-to-join-sp-smallcap-600-301710795.html

SOURCE S&P Dow Jones Indices

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