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First Solar Set To Join S&P 500 Replacing Fortune Brands Home & Security; Fortune Brands To Replace First Solar In S&P MidCap 400; MasterBrand To Replace Conn's In S&P SmallCap 600

Author: Michael Horton | December 12, 2022 06:23pm

S&P MidCap 400 constituent First Solar Inc. (NASD: FSLR) will replace Fortune Brands Home & Security Inc. (NYSE:FBHS) in the S&P 500, Fortune Brands Innovations Inc. (NYSE:FBIN) will replace First Solar in the S&P MidCap 400, and MasterBrand Inc. (NYSE:MBC) will replace Conn’s Inc. (NASD: CONN) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, December 19. Fortune Brands Home & Security is spinning off MasterBrand in a transaction expected to be completed December 15. Post spin-off, Fortune Brands Home & Security will have a name and symbol change to Fortune Brands Innovations Inc. (NYSE:FBIN) and will be more representative of the midcap market space. Conn’s is no longer representative of the small-cap market space.

Posted In: CONN FBHS FBIN FSLR MBC MBCC MBCF


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