1. Versant Media Group replaces BDN in the S&P SmallCap 600 index. 2. This change takes effect on January 6, 2026, amid market adjustments. 3. BDN's removal may limit its investor visibility and trading volume. 4. Related company Comcast is spinning off Versant Media Group. 5. Increased index activity can reflect broader market trends.
FAQ
Why Bearish?
BDN's removal from the S&P SmallCap 600 may reduce its visibility and appeal to index funds, historically leading to price declines in affected stocks.
How important is it?
The event directly impacts BDN's index status, affecting investor perception and trading behavior, likely influencing stock price in the near term.
Why Short Term?
The index change will have an immediate impact on BDN's trading, influencing stock performance shortly after the announcement.
NEW YORK, Dec. 23, 2025 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P MidCap 400, S&P SmallCap 600:
- UiPath Inc. (NYSE:PATH) will replace Synovus Financial Corp. (NYSE:SNV) in the S&P MidCap 400 effective prior to the opening of trading on Friday, January 2. S&P MidCap 400 constituent Pinnacle Financial Partners Inc. (NASD: PNFP) is acquiring Synovus Financial Corp in a deal expected to be completed soon, pending final closing conditions.
- Versant Media Group Inc. (NASD: VSNT) will replace Brandywine Realty Trust (NYSE:BDN) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, January 6. S&P 500 constituent Comcast Corp. (NASD: CMCSA) is spinning off Versant Media Group in a transaction expected to be completed January 5. Comcast will remain in the S&P 500 following completion of the spin-off.
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 | |
January 2, 2026 | S&P MidCap 400 | Addition | UiPath | PATH | Information Technology | |
January 2, 2026 | S&P MidCap 400 | Deletion | Synovus Financial | SNV | Financials | |
January 6, 2026 | S&P SmallCap 600 | Addition | Versant Media Group | VSNT | Communication Services | |
January 6, 2026 | S&P SmallCap 600 | Deletion | Brandywine Realty Trust | BDN | Real Estate | |
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SOURCE S&P Dow Jones Indices