S&P Dow Jones Indices will rebalance the S&P 500 and S&P SmallCap 600, with FedEx Freight Holding (FDXF) replacing EPAM Systems (EPAM) in the S&P 500 and EPAM moving into the S&P SmallCap 600 in place of Shutterstock (SSTK). The article is a routine index-constituent change announcement with no operational or financial update on the companies involved. Market impact is likely limited to passive index-flow effects around the effective date.
S&P Dow Jones Indices will rebalance the S&P 500 and S&P SmallCap 600, with FedEx Freight Holding (FDXF) replacing EPAM Systems (EPAM) in the S&P 500 and EPAM moving into the S&P SmallCap 600 in place of Shutterstock (SSTK). The article is a routine index-constituent change announcement with no operational or financial update on the companies involved. Market impact is likely limited to passive index-flow effects around the effective date.
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