NEW YORK, April 4, 2016 /PRNewswire/ -- Restoration
Hardware Holdings Inc. (NYSE: RH) will replace Atmel Corp. (NASD:
ATML) in the S&P MidCap 400 after the close of trading on
Wednesday, April 6. S&P 500
constituent Microchip Technology Inc. (NASD: MCHP) is acquiring
Atmel in a deal expected to be completed today pending final
conditions.
Restoration Hardware Holdings is a home furnishings retailer.
Headquartered in Corte Madera,
CA, the company will be added to the S&P MidCap 400 GICS
(Global Industry Classification Standard) Homefurnishing Retail
Sub-Industry index.
Following is a summary of the change:
|
S&P MIDCAP 400
INDEX – April 6, 2016
|
|
COMPANY
|
GICS ECONOMIC
SECTOR
|
GICS
SUB-INDUSTRY
|
|
ADDED
|
Restoration Hardware
Holdings
|
Consumer
Discretionary
|
Homefurnishing
Retail
|
|
DELETED
|
Atmel
|
Information
Technology
|
Semiconductors
|
Additions to and deletions from S&P Dow Jones Indices
do not in any way reflect an opinion on the investment merits of
the companies involved.
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