Super Micro Computer Inc. will join. Shoe maker Deckers Outdoor Corp will join the S&P 500 SPX stock index later this month, replacing Whirlpool Corp and Zions Bancorporation, S&P Dow Jones Indices said Friday.
Shares of Super Micro SMCI,
And Dick's Dick,
It rose after hours on Friday. Super Micro stock jumped 8.9%, while Deckers rose 2.2%.
Whirlpool WHR,
And Zion is Zion,
It will replace these two companies in the S&P MidCap 400 MID.
The changes will take effect before the market opening bell on Monday, March 18.
“The changes ensure that each index is more representative of its market capitalization range,” S&P Dow Jones Indices said.
“All of the companies added to the S&P 500 are more representative of the large-cap market space,” she added, while “all of the companies added to the S&P MidCap 400 are more representative of the mid-cap market space.”
