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Arlo Technologies and Care.com Set to Join S&P SmallCap 600

NEW YORK, Dec. 20, 2018 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P SmallCap 600 effective prior to the open of trading on Thursday, January 3:

  • Arlo Technologies (ARLO) will replace Cloud Peak Energy Inc. (CLD) and Care.com Inc. (CRCM) will replace Francesca's Holdings Corp. (FRAN). S&P SmallCap 600 constituent NETGEAR Inc. (NTGR) is spinning off its remaining ownership stake in Arlo Technologies in a transaction expected to be completed on December 31. Cloud Peak Energy and Francesca's Holdings are ranked at the bottom of the S&P SmallCap 600 and are no longer representative of the small-cap market space.

Arlo Technologies provides smart connected devices to monitor the environments in real-time with a Wi-Fi or a cellular network internet connection. Headquartered in San Jose, CA, the company will be added to the S&P SmallCap 600 Global Industry Classification Standard (GICS) Electronic Equipment & Instruments Sub-Industry index.

Care.com operates an online marketplace for finding and managing family care. Headquartered in Waltham, MA, the company will be added to the S&P SmallCap 600 GICS Interactive Media & Services Sub-Industry index.

Following is a summary of the changes:

S&P SMALLCAP 600 INDEX – JANUARY 3, 2019


COMPANY

GICS ECONOMIC SECTOR

GICS SUB-INDUSTRY

ADDED

Arlo Technologies

Information Technology

Electronic Equipment &
Instruments


Care.com

Communication Services

Interactive Media &
Services

DELETED

Cloud Peak

Energy

Coal & Consumable
Fuels


Francesca's
Holdings

Consumer Discretionary

Apparel Retail

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FOR MORE INFORMATION:

David Blitzer

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

S&P Dow Jones Indices
index_services@spglobal.com

Media Inquiries
spdji_communications@spglobal.com

Cision

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