APi Group Set to Join S&P MidCap 400
1. APi Group will replace US Steel in S&P MidCap 400. 2. Effective trading date is June 24, 2025. 3. Nippon Steel acquired US Steel, prompting the index change.
FAQ
Why Very Bullish?
Historically, being added to major indices typically increases stock visibility and demand, boosting prices. APG's inclusion in the S&P MidCap 400 marks a significant recognition, likely attracting institutional follow-through investment.
How important is it?
The transition to S&P MidCap 400 is a critical milestone, directly enhancing APG's market position, investor interest, and potential for growth. It indicates stability and maturity in APG's business structure.
Why Long Term?
The long-term trend of stocks added to major indices shows sustained positive price movement post-inclusion. APG stands to benefit from this elevated level of exposure over time.
S&P MidCap 400 Changes
NEW YORK, June 18, 2025 /PRNewswire/ -- APi Group Corp. (NYSE: APG) will replace United States Steel Corp. (NYSE: X) in the S&P MidCap 400 effective prior to the opening of trading on Tuesday, June 24. Nippon Steel Corp. (TSE: 5401) acquired United States Steel in a deal that closed today.
Summary of Changes
| Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector |
|---|---|---|---|---|---|
| June 24, 2025 | S&P MidCap 400 | Addition | APi Group | APG | Industrials |
| June 24, 2025 | S&P MidCap 400 | Deletion | United States Steel | X | Materials |
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