Chesapeake Energy dropped from mid-cap index, Gardner Denver moves to S&P 500

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Chesapeake Energy dropped from mid-cap index, Gardner Denver moves to S&P 500

S&P Dow Jones Indices said late Thursday that industrial company Gardner Denver Holdings Inc. will replace Cimarex Energy Co. in the S&P 500 index , and Cimarex will replace Chesapeake Energy Corp. in the S&P MidCap 400. "Chesapeake Energy is ranked near the bottom of the S&P MidCap 400 and is no longer representative of the mid-cap market space," S&P Dow Jones said in a statement. The changes take place before the open on Tuesday, S&P Dow Jones said. S&P 500 component Ingersoll-Rand Plc is spinning off its industrial segment business which will merged with Gardner Denver Holdings. After the spin-off, Ingersoll-Rand will change its name and ticker to Trane Technologies Plc , and Trane will remain in the S&P 500, S&P Dow Jones Indices said in the statement.

https://finance.yahoo.com/m/a897459...b668/chesapeake-energy-dropped.html?.tsrc=rss
 
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