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
Key Figures
Historical Context
| Date | Event | Sentiment | 24h Move | Catalyst |
|---|---|---|---|---|
| 2026-04-10 | Earnings call notice | Neutral | +1.8% | Announced timing and access details for Q1 2026 earnings call. |
| 2026-02-26 | Earnings results | Neutral | +13.9% | Reported Q4 and full‑year 2025 sales, loss, and 2026 guidance. |
| 2026-02-26 | Earnings results | Neutral | +13.9% | Detailed 2025 sales growth, goodwill impairment, and 2026 outlook. |
| 2026-02-03 | Conference participation | Neutral | -1.7% | Announced participation in BTIG MedTech and related investor meetings. |
| 2026-01-23 | Earnings call notice | Neutral | -2.3% | Set date and access for Q4 and full‑year 2025 earnings call. |
24h Move is the share-price change in the day after each event; other market factors may also have contributed.
Recent ENOV headlines are dominated by earnings releases and related conference calls, which have generally produced aligned price reactions, with the largest moves around detailed earnings results.
Over the past several months, Enovis has focused communication on earnings and investor‑facing events. In full‑year 2025 results, the company reported $2.2 billion in net sales and issued 2026 guidance, which coincided with a 13.89% move, the largest in this sample. Multiple notices about conference participation and earnings calls in early 2026 produced smaller price changes in the ±2–3% range. Against this backdrop, today’s index‑membership change sits alongside a history where fundamental earnings updates have been the main price catalysts.
Key Terms
s&p midcap 400 financial
s&p smallcap 600 financial
gics sector financial
AI-generated analysis. How Rhea-AI works. Not financial advice.
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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