Business
B. Riley Financial Set to Join S&P SmallCap 600
NEW YORK, April 12, 2021 /PRNewswire/ -- B. Riley Financial Inc. (NASD: RILY) will replace The Michaels Companies Inc. (NASD: MIK) in the S&P SmallCap 600
About this update from Brc Group Holdings, Inc.
[{"type":"text","content":"NEW YORK, April 12, 2021 /PRNewswire/ -- B. Riley Financial Inc. (NASD: RILY) will replace The Michaels Companies Inc. (NASD: MIK) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, April 15. Apollo Global Management is acquiring The Michaels Companies in a deal expected to be completed soon pending final conditions.\nFollowing is a summary of the changes that will take place prior to the open of trading on the effective date:\nEffective Date\nIndex Name \nAction\nCompany Name\nTicker\nGICS Sector\nApril 15, 2021\nS&P SmallCap 600\nAddition\nB. Riley Financial\nRILY\nFinancials\nS&P SmallCap 600\nDeletion\nThe Michaels Cos\nMIK\nConsumer Discretionary\nFor more information about S&P Dow Jones Indices, please visit www.spdji.com\nABOUT S&P DOW JONES INDICES\nS&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets.\nS&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com.\nFOR MORE INFORMATION:\nS&P Dow Jones Indices [email protected]\nMedia Inquiries [email protected]\n View original content:http://www.prnewswire.com/news-releases/b-riley-financial-set-to-join-sp-smallcap-600-301267128.html\nSOURCE S&P Dow Jones Indices","length":10066,"tagName":"div"}]