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Pegasystems Set to Join S&P MidCap 400

1. Nordstrom (JWN) to be removed from S&P MidCap 400 index. 2. Pegasystems Inc. will replace Nordstrom on May 22. 3. The acquisition of Nordstrom is scheduled for May 20. 4. Index removals usually impact stock liquidity and investor perception. 5. The Nordstrom family and El Puerto de Liverpool are involved in the acquisition.

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Why Bearish?

Being removed from the S&P MidCap 400 may decrease JWN's visibility and attractiveness to investors. Historically, stocks that exit key indices often face initial downward pressure and decreased liquidity, which can exaggerate negative phase patterns.

How important is it?

The move is highly significant due to the direct impact on JWN's trading dynamics and market perception, especially surrounding its acquisition.

Why Short Term?

The immediate financial consequences from index deletion will be felt as JWN transitions out of the S&P MidCap 400. Previous examples show similar stocks often see a decline shortly after such changes.

Related Companies

PEGALIVEPOL
, /PRNewswire/ -- Pegasystems Inc. (NASD: PEGA) will replace Nordstrom Inc. (NYSE: JWN) in the S&P MidCap 400 effective prior to the opening of trading on Thursday, May 22. The Nordstrom family and El Puerto de Liverpool S.A.B. de C.V. (BMV: LIVEPOL) are acquiring Nordstrom in a deal expected to be completed on May 20. 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 May 22, 2025 S&P MidCap 400 Addition Pegasystems PEGA Information Technology May 22, 2025 S&P MidCap 400 Deletion Nordstrom JWN Consumer Discretionary For more information about S&P Dow Jones Indices, please visit www.spdji.com ABOUT S&P DOW JONES INDICES S&P Dow Jones Indices is the largest global resource for essential index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based on our indices than products based on indices from any other provider in the world. Since Charles Dow invented the first index in 1884, S&P DJI has been innovating and developing indices across the spectrum of asset classes helping to define the way investors measure and trade the markets. S&P Dow Jones Indices is a division of S&P Global (NYSE: SPGI), which provides essential intelligence for individuals, companies, and governments to make decisions with confidence. For more information, visit www.spdji.com. FOR MORE INFORMATION: S&P Dow Jones Indices[email protected] Media Inquiries[email protected] SOURCE S&P Dow Jones Indices WANT YOUR COMPANY'S NEWS FEATURED ON PRNEWSWIRE.COM? 440k+ Newsrooms & Influencers 9k+ Digital Media Outlets 270k+ Journalists Opted In

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