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Calix To Join S&P MidCap 400

Benzinga · 12/29/2021 09:04
  • Calix Inc (NYSE:CALXwill replace CIT Group Inc (NYSE:CIT) in the S&P MidCap 400 effective before trading on January 4. 
  • Calix cloud and software platforms enable service providers of all types and sizes to innovate and transform. The company's customers utilize the real-time data and insights from Calix platforms to simplify their business and deliver experiences that excite their subscribers.
  • First Citizens BancShares Inc (NASDAQ:FCNCA) is acquiring CIT Group in a deal expected to be completed soon, pending final closing conditions.
  • Douglas Elliman Inc (NYSE:DOUG) will join S&P SmallCap 600 before trading on December 30, replacing Matrix Service Co (NASDAQ:MTRX), which will leave the S&P SmallCap 600 effective before the open of trading on December 31. 
  • S&P SmallCap 600 constituent Vector Group Ltd (NYSE:VGR) is spinning off Douglas Elliman in a transaction likely to be complete on December 30. 
  • Post-spin-off, Vector Group will remain in the S&P SmallCap 600. Matrix Service is no longer representative of the small-cap market space.
  • Price Action: CALX shares traded higher by 8.49% at $74.22 in the premarket session on the last check Wednesday.