Reynolds Consumer Products Set to Join S&P SmallCap 600
Rhea-AI Summary
Reynolds Consumer Products (NASDAQ: REYN) will be added to the S&P SmallCap 600 index effective prior to market opening on September 24, 2025. The company will replace SpartanNash (NASDAQ: SPTN), which is being acquired by C&S Wholesale Grocers LLC.
The index change comes as part of S&P Dow Jones Indices' regular updates to their market indices. Both Reynolds Consumer Products and SpartanNash operate in the Consumer Staples sector.
Positive
- Inclusion in S&P SmallCap 600 index typically increases stock visibility and trading volume
- Addition to the index may lead to increased institutional investment due to index fund buying
Negative
- None.
News Market Reaction 3 Alerts
On the day this news was published, REYN gained 3.20%, reflecting a moderate positive market reaction. Our momentum scanner triggered 3 alerts that day, indicating moderate trading interest and price volatility. This price movement added approximately $149M to the company's valuation, bringing the market cap to $4.79B at that time. Trading volume was above average at 1.7x the daily average, suggesting increased trading activity.
Data tracked by StockTitan Argus on the day of publication.
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 |
September 24, 2025 | S&P SmallCap 600 | Addition | Reynolds Consumer Products | REYN | Consumer Staples |
September 24, 2025 | S&P SmallCap 600 | Deletion | SpartanNash | SPTN | Consumer Staples |
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View original content:https://www.prnewswire.com/news-releases/reynolds-consumer-products-set-to-join-sp-smallcap-600-302561999.html
SOURCE S&P Dow Jones Indices