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Applied Optoelectronics Set to Join S&P SmallCap 600

NEW YORK, April 20, 2017 /PRNewswire/ -- Applied Optoelectronics Inc. (AAOI) will replace Adeptus Health Inc. (ADPT) in the S&P SmallCap 600, effective prior to the open on Tuesday, April 25. Adeptus Health has filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code to pursue a plan of reorganization and has been halted by the NYSE effective before the market open today.

Applied Optoelectronics designs, manufactures, and sells fiber-optic networking products primarily for internet data center, cable television and fiber-to-the-home networking end markets. Headquartered in Sugar Land, TX, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Communications Equipment Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – APRIL 25, 2017


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Applied
Optoelectronics

Information Technology

Communications
Equipment

DELETED

Adeptus Health

Health Care

Health Care Services

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FOR MORE INFORMATION:

Soogyung Jordan
Global Head of Communications
New York, USA
(+1) 212 438 2297
soogyung.jordan@spglobal.com

David Blitzer
Managing Director and Chairman of the Index Committee
New York, USA
(+1) 212 438 3907
david.blitzer@spglobal.com

 

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