1. RAL will replace WOLF in the S&P SmallCap 600 index. 2. Fortive is spinning off RAL, expected completion by June 30. 3. WOLF is filing for bankruptcy, leading to its S&P removal. 4. The stock transition is effective July 1, 2025. 5. RAL enters as a new player in the Information Technology sector.
Inclusion in S&P indices often drives increased institutional investment and visibility. Historical instances show stocks often gain immediately post-index addition, boosting RAL's market perception.
The change in index can radically alter investor attention towards RAL. As small-cap indices often see liquidity changes, this transition is crucial for RAL's valuation.
The immediate effect can be seen with trading activity surrounding the index inclusion on July 1, 2025. However, long-term impacts will depend on RAL's operational performance post-spin-off.
NEW YORK, June 25, 2025 /PRNewswire/ -- Ralliant Corp. (NYSE: RAL) will replace Wolfspeed Corp. (NYSE: WOLF) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, July 1. S&P 500 constituent Fortive Corp. (NYSE:FTV) is spinning off Ralliant in a transaction expected to be completed on June 30. Fortive will remain in the S&P 500 post spin-off. Wolfspeed announced its intention to file for bankruptcy on or before July 1 and is therefore no longer eligible for continued inclusion in the S&P SmallCap 600.
| Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector |
|---|---|---|---|---|---|
| July 1, 2025 | S&P SmallCap 600 | Addition | Ralliant | RAL | Information Technology |
| July 1, 2025 | S&P SmallCap 600 | Deletion | Wolfspeed | WOLF | Information Technology |
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