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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.

SailPoint Technologies Holdings Set to Join S&P MidCap 400; Sally Beauty Holdings to Join S&P SmallCap 600

September 30, 2020 GMT

NEW YORK, Sept. 30, 2020 /PRNewswire/ -- SailPoint Technologies Holdings Inc. (NYSE:SAIL) will replace Sally Beauty Holdings Inc. (NYSE:SBH) in the S&P MidCap 400, and Sally Beauty Holdings will replace Oasis Petroleum Inc. (NASD:OAS) in the S&P SmallCap 600 effective prior to the opening of trading on Monday, October 5. Oasis Petroleum is filing for bankruptcy protection and is ineligible for continued inclusion in the S&P SmallCap 600. Sally Beauty Holdings has a market capitalization more representative of the small-cap market space.

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

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Effective Date

Index Name

Action

Company Name

Ticker

GICS Sector

Oct. 5, 2020

S&P MidCap 400

Addition

SailPoint Technologies Holdings

SAIL

Information Technology

Oct. 5, 2020

S&P MidCap 400

Deletion

Sally Beauty Holdings

SBH

Consumer Discretionary

Oct. 5, 2020

S&P SmallCap 600

Addition

Sally Beauty Holdings

SBH

Consumer Discretionary

Oct. 5, 2020

S&P SmallCap 600

Deletion

Oasis Petroleum

OAS

Energy

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SOURCE S&P Dow Jones Indices