ODP to Be Replaced in S&P SmallCap 600

Dow Jones03-26

By Josh Beckerman

Shares of ODP will be removed from the S&P SmallCap 600 on April 2.

ODP's market capitalization is no longer representative of the small-cap market space, S&P Dow Jones Indices said Wednesday. As of the close of trading on Tuesday the company had a market cap of $436.8 million.

Shares of ODP were down 2% after hours Wednesday to $14.52.

The owner of Office Depot and OfficeMax has sought to expand beyond office supplies. Its ODP Business Solutions business has been expanding into the hospitality industry.

S&P said Angi will join the S&P SmallCap 600. Cava Group will replace Altair Engineering, which was sold to Siemens, in the S&P MidCap 400 on March 31.

Write to Josh Beckerman at josh.beckerman@wsj.com

(END) Dow Jones Newswires

March 26, 2025 18:50 ET (22:50 GMT)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2522578123?lang=en_US&edition=full_marsco","thumbnail":"","is_english":true,"pubTime":"2025-03-27 06:50","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"2522578123","market":"fut","top_or_hot":-1,"title":"ODP to Be Replaced in S&P SmallCap 600","media":"Dow Jones","content":"<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Josh Beckerman \n</p>\n<p>\n  Shares of ODP will be removed from the S&amp;P SmallCap 600 on April 2. \n</p>\n<p>\n  ODP's market capitalization is no longer representative of the small-cap market space, S&amp;P Dow Jones Indices said Wednesday.  As of the close of trading on Tuesday the company had a market cap of $436.8 million. \n</p>\n<p>\n  Shares of ODP were down 2% after hours Wednesday to $14.52. \n</p>\n<p>\n  The owner of Office Depot and OfficeMax has sought to expand beyond office supplies. Its ODP Business Solutions business has been expanding into the hospitality industry. \n</p>\n<p>\n  S&amp;P said Angi will join the S&amp;P SmallCap 600. Cava Group will replace Altair Engineering, which was sold to Siemens, in the S&amp;P MidCap 400 on March 31. \n</p>\n<p>\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 26, 2025 18:50 ET (22:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>ODP to Be Replaced in S&P SmallCap 600</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nODP to Be Replaced in S&P SmallCap 600\n</h2>\n\n<h4 class=\"meta\">\n\n\n<div class=\"head\" \">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Dow Jones </p>\n<p class=\"h-time\">2025-03-27 06:50</p>\n</div>\n\n</div>\n\n\n</h4>\n\n</header>\n<article>\n<font class=\"NormalMinus1\" face=\"Arial\">\n<p>\n  By Josh Beckerman \n</p>\n<p>\n  Shares of ODP will be removed from the S&amp;P SmallCap 600 on April 2. \n</p>\n<p>\n  ODP's market capitalization is no longer representative of the small-cap market space, S&amp;P Dow Jones Indices said Wednesday.  As of the close of trading on Tuesday the company had a market cap of $436.8 million. \n</p>\n<p>\n  Shares of ODP were down 2% after hours Wednesday to $14.52. \n</p>\n<p>\n  The owner of Office Depot and OfficeMax has sought to expand beyond office supplies. Its ODP Business Solutions business has been expanding into the hospitality industry. \n</p>\n<p>\n  S&amp;P said Angi will join the S&amp;P SmallCap 600. Cava Group will replace Altair Engineering, which was sold to Siemens, in the S&amp;P MidCap 400 on March 31. \n</p>\n<p>\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n</p>\n<pre>\n \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  March 26, 2025 18:50 ET (22:50 GMT)\n</p>\n<p>\n  Copyright (c) 2025 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":null,"symbol_name":null,"start_time":0,"source_url":"https://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2522578123","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2522578123","pubTimestamp":1743029400,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Shares of ODP will be removed from the S&P SmallCap 600 on April 2.ODP's market capitalization is no longer representative of the small-cap market space, S&P Dow Jones Indices said Wednesday.  As of the close of trading on Tuesday the company had a market cap of $436.8 million.Shares of ODP were down 2% after hours Wednesday to $14.52.The owner of Office Depot and OfficeMax has sought to expand beyond office supplies. Its ODP Business Solutions business has been expanding into the hospitality industry.S&P said Angi will join the S&P SmallCap 600. Cava Group will replace Altair Engineering, which was sold to Siemens, in the S&P MidCap 400 on March 31.","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{},"translate_title":"S&P SmallCap 600将取代ODP","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"ANGI":0.9,"CAVA":0.9,"ODP":1,"SPGI":0.9},"content_text":"By Josh Beckerman \n\n\n  Shares of ODP will be removed from the S&P SmallCap 600 on April 2. \n\n\n  ODP's market capitalization is no longer representative of the small-cap market space, S&P Dow Jones Indices said Wednesday.  As of the close of trading on Tuesday the company had a market cap of $436.8 million. \n\n\n  Shares of ODP were down 2% after hours Wednesday to $14.52. \n\n\n  The owner of Office Depot and OfficeMax has sought to expand beyond office supplies. Its ODP Business Solutions business has been expanding into the hospitality industry. \n\n\n  S&P said Angi will join the S&P SmallCap 600. Cava Group will replace Altair Engineering, which was sold to Siemens, in the S&P MidCap 400 on March 31. \n\n\n  Write to Josh Beckerman at josh.beckerman@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  March 26, 2025 18:50 ET (22:50 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.32.1","shortVersion":"4.32.1","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2522578123"}