Nexstar Media Group To Replace Sabre In S&P MidCap 400, Sabre To Replace Flagstar Bancorp In S&P SmallCap 600; PBF Energy To Replace Nu Skin Enterprises In S&P MidCap 400, Nu Skin Enterprises To Replace PBF Energy In S&P SmallCap 600

Author: Michael Horton | November 28, 2022 06:18pm

NEW YORK, November 28, 2022: S&P Dow Jones Indices will make the following changes to the S&P MidCap 400 and S&P SmallCap 600 effective prior to the opening of trading on Thursday, December 1: • Nexstar Media Group Inc. (NASD:NXST) will replace Sabre Corp. (NASD:SABR) in the S&P MidCap 400, and Sabre will replace Flagstar Bancorp Inc. (NYSE:FBC) in the S&P SmallCap 600. S&P MidCap 400 constituent New York Community Bancorp Inc. (NYSE:NYCB) is acquiring Flagstar Bancorp in a deal expected to be completed soon pending final conditions. Sabre has a market capitalization more representative of the small-cap market space. • S&P SmallCap 600 constituent PBF Energy Inc. (NYSE:PBF) will replace Nu Skin Enterprises Inc. (NYSE:NUS) in the S&P MidCap 400, and Nu Skin Enterprises will replace PBF Energy in the S&P SmallCap 600. PBF is more representative of the mid-cap market space, and Nu Skin is more representative of the small-cap market space.

Posted In: FBC NUS NXST NYCB PBF SABR