Maplebear Set to Join S&P MidCap 400; Enovis to Join S&P SmallCap 600

Rhea-AI Summary

Maplebear (NASD: CART) will join the S&P MidCap 400 and Enovis (NYSE: ENOV) will join the S&P SmallCap 600 effective before trading on January 14, 2025. CONSOL Energy is acquiring Arch Resources and will be renamed Core Natural Resources with ticker CNR upon closing.

The table of index changes lists additions and deletions for the two indices and the effective date of January 14, 2025.

Positive

• Index inclusion for Maplebear in S&P MidCap 400 effective January 14, 2025
• Index inclusion for Enovis in S&P SmallCap 600 effective January 14, 2025
• Acquisition completes rebranding: CONSOL to Core Natural Resources with ticker CNR

Negative

• Arch Resources removed from S&P SmallCap 600 effective January 14, 2025
• Enovis removed from S&P MidCap 400, a potential index-transition impact

Market Context

This announcement highlights upcoming S&P index changes, with Maplebear joining the S&P MidCap 400 a...

Analysis

This announcement highlights upcoming S&P index changes, with Maplebear joining the S&P MidCap 400 and Enovis moving into the S&P SmallCap 600 effective January 14, 2025. For CNR, context includes its formation via a merger, operational milestones like the Leer South restart on Dec 18, and mixed earnings reactions, including a -2.83% move on Q4 2025 results and +11.45% on Q3 2025. Investors may watch future earnings, production stability, and governance updates as key drivers alongside any index-related technical flows.

Key Figures

Index change effective date: January 14, 2025 Index addition: S&P MidCap 400 Index deletion: S&P SmallCap 600

3 metrics

Index change effective date January 14, 2025 Date Maplebear enters S&P MidCap 400 and Enovis moves to S&P SmallCap 600

Index addition S&P MidCap 400 Maplebear (CART) added to S&P MidCap 400

Index deletion S&P SmallCap 600 Arch Resources (ARCH) deleted from S&P SmallCap 600

Historical Context

5 past events · Latest: Feb 12 (Negative)

Pattern 5 events

Date	Event	Sentiment	24h Move	Catalyst
Feb 12	Q4 2025 earnings	Negative	-2.8%	Reported Q4 2025 revenues, adjusted EBITDA and a net loss.
Jan 30	Earnings call date	Neutral	-0.5%	Announced timing and access details for Q4 2025 earnings call.
Dec 18	Operations update	Positive	+6.4%	Resumed longwall mining at Leer South and improved West Elk output.
Nov 06	Q3 2025 earnings	Positive	+11.4%	Reported Q3 2025 revenue, net income, EBITDA and cash generation.
Oct 23	Earnings call date	Neutral	+0.0%	Scheduled Q3 2025 results release and conference call details.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Pattern Detected

Recent news reactions have been mostly aligned with the underlying tone of announcements, with positive operational and earnings updates often met by share gains and weaker results seeing modest pressure.

Recent Company History

Over the past several months, CNR has reported multiple earnings updates and operational milestones. Q3 2025 earnings on Nov 6 with solid revenue and cash generation coincided with a +11.45% move. The resumption of longwall mining at Leer South on Dec 18 saw shares rise 6.41%, highlighting sensitivity to operational capacity news. By contrast, Q4 2025 results with a reported net loss on Feb 12 corresponded to a -2.83% reaction. The current index-related announcement fits into a backdrop where fundamental and operational news has driven prior moves.

Key Terms

s&p midcap 400, s&p smallcap 600, ticker

3 terms

s&p midcap 400 financial

"January 14, 2025 | S&P MidCap 400 | Addition | Maplebear | CART | Consumer Staples"

The S&P MidCap 400 is a group of 400 companies that are smaller than the big, well-known corporations but larger than tiny startups. It helps investors see how medium-sized companies are performing in the stock market, acting like a barometer for this middle-sized group of businesses.

s&p smallcap 600 financial

"January 14, 2025 | S&P SmallCap 600 | Addition | Enovis | ENOV | Health Care"

A stock market index made up of 600 small-cap U.S. companies chosen to represent the performance of smaller publicly traded firms. It matters to investors because it acts like a temperature gauge for the small-company segment of the market, serving as a benchmark for fund managers, a basis for index funds and ETFs, and a way to compare returns and risk when building a diversified portfolio.

ticker financial

"Following completion of the merger, CONSOL Energy will be renamed Core Natural Resources Inc., and its ticker will change to CNR."

A ticker is the short, unique letter code used to identify a publicly traded company's stock or other tradable securities on an exchange — like a license plate for a financial instrument. Investors use tickers to look up prices, place trades, and follow news; they matter because the ticker links market data, orders and financial reports, so using the wrong code can lead to costly mistakes.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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NEW YORK, Jan. 7, 2025 /PRNewswire/ -- Maplebear Inc. (NASD: CART) will replace Enovis Corp. (NYSE: ENOV) in the S&P MidCap 400, and Enovis will replace Arch Resources Inc. (NYSE: ARCH) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, January 14. S&P SmallCap 600 constituent CONSOL Energy Inc. (NYSE: CEIX) is acquiring Arch Resources in a deal expected to be completed soon, pending final closing conditions. Following completion of the merger, CONSOL Energy will be renamed Core Natural Resources Inc., and its ticker will change to CNR.

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 14, 2025	S&P MidCap 400	Addition	Maplebear	CART	Consumer Staples
January 14, 2025	S&P MidCap 400	Deletion	Enovis	ENOV	Health Care
January 14, 2025	S&P SmallCap 600	Addition	Enovis	ENOV	Health Care
January 14, 2025	S&P SmallCap 600	Deletion	Arch Resources	ARCH	Materials

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View original content:https://www.prnewswire.com/news-releases/maplebear-set-to-join-sp-midcap-400-enovis-to-join-sp-smallcap-600-302345055.html

SOURCE S&P Dow Jones Indices

FAQ

When will Core Natural Resources (CNR) ticker change take effect?

The ticker change to CNR will occur following completion of the merger. According to S&P Dow Jones Indices, CONSOL Energy will be renamed Core Natural Resources and adopt ticker CNR once the acquisition of Arch Resources closes.

What index changes affect CNR, Enovis (ENOV), and Maplebear (CART) on January 14, 2025?

On January 14, 2025, Maplebear joins the S&P MidCap 400 and Enovis joins the S&P SmallCap 600. According to S&P Dow Jones Indices, corresponding deletions are Enovis from MidCap 400 and Arch Resources from SmallCap 600.

Why is Arch Resources (ARCH) being removed from the S&P SmallCap 600?

Arch Resources is being removed because CONSOL Energy is acquiring Arch Resources. According to S&P Dow Jones Indices, the pending acquisition will lead to Arch's deletion and CONSOL's subsequent renaming to Core Natural Resources.

How will Enovis (ENOV) index move affect investors ahead of January 14, 2025?

Enovis will transfer from the S&P MidCap 400 to the S&P SmallCap 600 effective January 14, 2025. According to S&P Dow Jones Indices, this index reclassification may alter passive fund tracking and liquidity positioning for ENOV shares.

What official source confirms the January 14, 2025 index reconstitutions affecting CNR?

S&P Dow Jones Indices confirms the effective date and constituent changes for January 14, 2025. According to S&P Dow Jones Indices, the table of additions and deletions lists Maplebear, Enovis, and Arch Resources with the stated actions.