Gogo Set to Join S&P SmallCap 600

Rhea-AI Summary

Gogo Inc. (GOGO) will be included in the S&P SmallCap 600 Index effective April 8, 2022, following the acquisition of SPX FLOW Inc. (FLOW) by Lone Star Funds. This index addition represents a significant change in the index composition, with Gogo replacing SPX FLOW, which will be removed from the index. Being part of the S&P SmallCap 600 can enhance Gogo's visibility and attract more investment interest, potentially impacting its stock performance positively.

Positive

• Inclusion in the S&P SmallCap 600 can increase visibility and attract investment.
• Potential for improved stock performance due to enhanced index recognition.

Negative

• None.

NEW YORK, April 5, 2022 /PRNewswire/ -- Gogo Inc. (NASD:GOGO) will replace SPX FLOW Inc. (NYSE:FLOW) in the S&P SmallCap 600 effective prior to the opening of trading on Friday, April 8. Lone Star Funds has acquired SPX Flow 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 8, 2022	S&P SmallCap 600	Addition	Gogo	GOGO	Communication Services
	S&P SmallCap 600	Deletion	SPX FLOW	FLOW	Industrials

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View original content:https://www.prnewswire.com/news-releases/gogo-set-to-join-sp-smallcap-600-301518486.html

SOURCE S&P Dow Jones Indices

FAQ

When does Gogo join the S&P SmallCap 600?

Gogo will join the S&P SmallCap 600 on April 8, 2022.

What company is replacing SPX FLOW in the S&P SmallCap 600?

Gogo Inc. (GOGO) is replacing SPX FLOW (FLOW) in the S&P SmallCap 600.

How does Gogo's inclusion in the S&P SmallCap 600 affect its stock?

Inclusion may enhance Gogo's visibility and attract more investments, potentially influencing its stock performance positively.

What impact does SPX FLOW's removal from the S&P SmallCap 600 have?

SPX FLOW will be removed as part of the acquisition by Lone Star Funds, which may affect its stock liquidity.

What is the significance of the S&P SmallCap 600 index?

The S&P SmallCap 600 index tracks small-cap U.S. stocks and is a benchmark for their performance, often attracting institutional investment.