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Classified in: Business

Sarepta Therapeutics Set to Join S&P MidCap 400


NEW YORK, May 29, 2024 /PRNewswire/ -- Sarepta Therapeutics Inc. (NASD: SRPT) will replace Shockwave Medical Inc. (NASD: SWAV) in the S&P MidCap 400 effective prior to the opening of trading on Monday, June 3. S&P 500 constituent Johnson & Johnson (NYSE: JNJ) is acquiring Shockwave Medical in a deal expected to be completed soon pending final closing 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

June 3, 2024

S&P MidCap 400

Addition

Sarepta Therapeutics

SRPT

Health Care

June 3, 2024

S&P MidCap 400

Deletion

Shockwave Medical

SWAV

Health Care

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