Spirit Realty Capital Set to Join S&P MidCap 400; SM Energy to Join S&P SmallCap 600
MULTI-COLOR (LABL)
Last multi-color earnings: 2/11 04:02 pm
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Source: PR Newswire
NEW YORK, July 1, 2019 /PRNewswire/ -- Spirit Realty Capital Inc. (NYSE: SRC) will replace SM Energy Co. (NYSE: SM) in the S&P MidCap 400, and SM Energy will replace Multi-Color Corp. (NASD: LABL) in the S&P SmallCap 600 effective prior to the open of trading on Tuesday, July 9. Platinum Equity LLC is acquiring Multi-Color in a deal that closed today. SM Energy is ranked near the bottom of the S&P MidCap 400 and has a total market capitalization that is more representative of the small-cap market space.Spirit Realty Capital is a net-lease REIT (Real Estate Investment Trust) that primarily invests in industrial, office and data center properties. Headquartered in Dallas, TX, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Retail REIT's Sub-Industry index.SM Energy engages in the acquisition, exploration, development, and production of crude oil & condensate, natural gas, and natural gas liquids. Headquartered in Denver, CO, the company wil
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