Avid Technology Set to Join S&P SmallCap 600

Avid Technology Inc. (NASD:AVID) will replace Plantronics Inc. (NYSE:POLY) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, September 1. S&P 500 constituent HP Inc. (NYSE:HPQ) acquired Plantronics in a deal that closed recently.

Following is a summary of the changes that will take place prior to the open of trading on the effective date:

Effective Date Index Name Action Company Name Ticker GICS Sector
Sept. 1, 2022 S&P SmallCap 600 Addition Avid Technology AVID Information Technology
S&P SmallCap 600 Deletion Plantronics POLY Information Technology

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