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Press release content from PR Newswire. The AP news staff was not involved in its creation.
PRESS RELEASE: Paid content from PR Newswire
Press release content from PR Newswire. The AP news staff was not involved in its creation.

B. Riley Financial Set to Join S&P SmallCap 600

April 12, 2021 GMT

NEW YORK, April 12, 2021 /PRNewswire/ -- B. Riley Financial Inc. (NASD: RILY) will replace The Michaels Companies Inc. (NASD: MIK) in the S&P SmallCap 600 effective prior to the opening of trading on Thursday, April 15. Apollo Global Management is acquiring The Michaels Companies in a deal expected to be completed soon pending final conditions.

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

April 15, 2021

S&P SmallCap 600

Addition

B. Riley Financial

RILY

Financials


S&P SmallCap 600

Deletion

The Michaels Cos

MIK

Consumer Discretionary

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SOURCE S&P Dow Jones Indices