Choice Hotels International Set to Join S&P MidCap 400 and Plantronics to Join S&P SmallCap 600

NEW YORK, Dec. 10, 2019 /PRNewswire/ -- Choice Hotels International Inc. CHH will replace Plantronics Inc. PLT in the S&P MidCap 400, and Plantronics will replace Vitamin Shoppe Inc. VSI in the S&P SmallCap 600 prior to the open of trading on Tuesday, December 17. Franchise Group Inc. FRG is acquiring Vitamin Shoppe in a deal expected to be completed soon pending final conditions. Plantronics has a market capitalization that is more representative of the small-cap market space.

Choice Hotels International operates as a hotel franchisor. Headquartered in Rockville, MD, the company will be added to the S&P MidCap 400 GICS (Global Industry Classification Standard) Hotels, Resorts & Cruise Lines Sub-Industry index.

Plantronics designs, manufactures, and markets various integrated communications and collaborations solutions for corporate customers, small businesses and individuals. Headquartered in Santa Cruz, CA, the company will be added to the S&P SmallCap 600 Communications Equipment Sub-Industry index.

Following is a summary of the changes:

S&P MIDCAP 400 INDEX – December 17, 2019



COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Choice Hotels

International

Consumer Discretionary

Hotels, Resorts & Cruise

Lines

DELETED

Plantronics

Information Technology

Communications

Equipment

 

S&P SMALLCAP 600 INDEX – December 17, 2019



COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Plantronics

Information Technology

Communications

Equipment

DELETED

Vitamin Shoppe

Consumer Discretionary

Specialty Stores

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Cision View original content:http://www.prnewswire.com/news-releases/choice-hotels-international-set-to-join-sp-midcap-400-and-plantronics-to-join-sp-smallcap-600-300972784.html

SOURCE S&P Dow Jones Indices

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