Data-server provider Super Micro Computer Inc. and footwear 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 both Super Micro
SMCI,
Whirlpool
WHR,
The changes will take hold before the market’s opening bell on Monday, March 18.
“The changes ensure each index is more representative of its market capitalization range,” S&P Dow Jones Indices said.
“All companies being added to the S&P 500 are more representative of the large-cap market space,” it added, while “all companies being added to the S&P MidCap 400 are more representative of the mid-cap market space.”
