Gigamon, CBL & Associates Properties and Cytokinetics Set to Join S&P SmallCap 600

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Apr 17, 2017, 18:20 ET

NEW YORK, April 17, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 indices:

Gigamon Inc. (NYSE: GIMO) will replace Ixia (NASD: XXIA) effective prior to the open on Thursday, April 20. S&P MidCap 400 constituent Keysight Technologies Inc. (NYSE: KEYS) is acquiring Ixia in a deal expected to be completed on or about that date pending final conditions.

CBL & Associates Properties Inc. (NYSE: CBL) will replace Air Methods Corp. (NASD: AIRM) effective prior to the open on Monday, April 24. American Securities LLC is acquiring Air Methods in a deal expected to be completed soon pending final conditions.

Cytokinetics Inc. (NASD: CYTK) will replace Cardinal Financial Corp. (NASD: CFNL) effective prior to the open on Monday, April 24. S&P MidCap 400 constituent United Bankshares Inc. (NASD: UBSI) is acquiring Cardinal Financial in a deal expected to be completed on or about that date pending final conditions.

Gigamon develops and delivers solutions that deliver visibility and control of data-in-motion traversing enterprise, federal, and service provider networks. Headquartered in Santa Clara, CA, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Systems Software Sub-Industry index.

CBL & Associates Properties, a public real estate investment trust (REIT), owns, develops, manages and operates regional shopping malls, open-air and mixed-use centers, outlet centers, associated centers, community centers and office properties. Headquartered in Chattanooga, TN, the company will be added to the S&P SmallCap 600 GICS Retail REITS Sub-Industry index.

Cytokinetics is a late-stage biopharmaceutical company, focusing on discovering, developing, and commercializing muscle activators. Headquartered in South San Francisco, CA, the company will be added to the S&P SmallCap 600 GICS Biotechnology Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – APRIL 20, 2017
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	Gigamon	Information Technology	Systems Software
DELETED	Ixia	Information Technology	Communications Equipment

S&P SMALLCAP 600 INDEX – APRIL 24, 2017
	COMPANY	GICS ECONOMIC SECTOR	GICS SUB-INDUSTRY
ADDED	CBL & Associates	Real Estate	Retail REITS
	Cytokinetics	Health Care	Biotechnology
DELETED	Air Methods	Health Care	Health Care Services
	Cardinal Financial	Financials	Regional Banks

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FOR MORE INFORMATION:

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
[email protected]

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
[email protected]

SOURCE S&P Dow Jones Indices