A10 Networks Set to Join S&P SmallCap 600

Rhea-AI Summary

A10 Networks will replace Ferro Corp in the S&P SmallCap 600, effective April 26, 2022. This change follows Ferro's acquisition by Prince International Corp., closing the same day. A10 Networks (ATEN) operates in the Information Technology sector, likely benefiting from increased visibility and investment opportunities within the index.

Positive

• Inclusion in the S&P SmallCap 600 may boost A10 Networks' visibility and attract more institutional investors.

Negative

• Ferro Corp's removal from the index could indicate a decline in investor confidence in the Materials sector.

NEW YORK, April 21, 2022 /PRNewswire/ -- A10 Networks Inc. (NYSE: ATEN) will replace Ferro Corp. (NYSE: FOE) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, April 26. Prince International Corp., a portfolio company of American Securities LLC, has acquired Ferro in a transaction that closed today.

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
April 26, 2022	S&P SmallCap 600	Addition	A10 Networks	ATEN	Information Technology
	S&P SmallCap 600	Deletion	Ferro Corp	FOE	Materials

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View original content:https://www.prnewswire.com/news-releases/a10-networks-set-to-join-sp-smallcap-600-301530668.html

SOURCE S&P Dow Jones Indices

FAQ

When will A10 Networks be added to the S&P SmallCap 600?

A10 Networks will be added to the S&P SmallCap 600 effective April 26, 2022.

What does the inclusion of A10 Networks signify for investors?

The inclusion of A10 Networks may enhance its visibility to investors and potentially attract more institutional investment.

Who is replacing Ferro Corp in the S&P SmallCap 600?

A10 Networks (ticker: ATEN) will replace Ferro Corp (ticker: FOE) in the S&P SmallCap 600.

What company acquired Ferro Corp?

Ferro Corp was acquired by Prince International Corp.

Which index is A10 Networks being added to?

A10 Networks is being added to the S&P SmallCap 600.

What sector does A10 Networks belong to?

A10 Networks operates in the Information Technology sector.