SPGI - RadNet Set to Join S&P SmallCap 600
NEW YORK, Nov. 14, 2019 /PRNewswire/ -- RadNet Inc. (NASD: RDNT) will replace Gannett Co. Inc. (NYSE: GCI) in the S&P SmallCap 600 effective prior to the open of trading on Wednesday, November 20. S&P SmallCap 600 constituent New Media Investment Group Inc. (NYSE: NEWM) is acquiring Gannett in a transaction expected to be completed soon pending final conditions.
RadNet provides outpatient diagnostic imaging services. Headquartered in Los Angeles, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Health Care Services Sub-Industry index.
Following is a summary of the change:
S&P SMALLCAP 600 INDEX – November 20, 2019 |
COMPANY |
GICS ECONOMIC |
GICS SUB-INDUSTRY |
ADDED |
RadNet |
Health Care |
Health Care Services |
DELETED |
Gannett |
Communication |
Publishing |
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