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July 28, 2021, 11:49 a.m. EDT

GameStop, Victoria’s Secret to join S&P Midcap 400

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Claudia Assis

GameStop Corp. and future standalone company Victoria’s Secret are among the additions to the S&P 400 Midcap Index, index provider S&P Dow Jones Indices said late Tuesday.

GameStop /zigman2/quotes/203755179/composite GME -6.55% , a videogame retailer that became one of the most recognizable names among the “meme stocks,” will replace Weingarten Realty Investors in the midcap index, with Lakeland Financial Corp. /zigman2/quotes/202881627/composite LKFN +1.59% replacing GameStop in the S&P SmallCap 600 /zigman2/quotes/210599868/delayed SML +0.05% .

The changes are effective Aug. 4, S&P Dow Jones Indices said in a statement. Kimco Realty Corp. /zigman2/quotes/202836571/composite KIM +0.44% , an S&P 500 index constituent, is buying Weingarten Realty in a deal expected to close on or about that date, it said.

Victoria’s Secret & Co. will replace World Fuel Services Corp. /zigman2/quotes/201809068/composite INT -0.91% in theS&P MidCap 400 /zigman2/quotes/219506813/composite MID -0.64% at the open on Aug. 4 as well, the index provider said. S&P 500 constituent L Brands is spinning off Victoria’s Secret in a deal expected to close on Aug. 3.

See also: Victoria’s Secret sees opportunities in maternity merchandise and fashion show revival

L Brands will remain in the S&P 500 under a new name, Bath & Body Works Inc., and trade on the New York Stock Exchange under the symbol BBWI.

S&P Dow Jones also said that GXO Logistics Inc. will join the S&P MidCap 400 effective Aug. 2, XPO Logistics Inc. /zigman2/quotes/205483484/composite XPO +0.62% is spinning off GXO Logistics in a transaction expected to close before Aug. 2, the index provider said. XPO Logistics will remain in the S&P MidCap 400.

/zigman2/quotes/203755179/composite
US : U.S.: NYSE
$ 169.80
-11.91 -6.55%
Volume: 2.80M
Oct. 22, 2021 4:00p
P/E Ratio
N/A
Dividend Yield
0.00%
Market Cap
$13.90 billion
Rev. per Employee
$424,150
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/zigman2/quotes/202881627/composite
US : U.S.: Nasdaq
$ 78.14
+1.22 +1.59%
Volume: 70,470
Oct. 22, 2021 4:00p
P/E Ratio
21.07
Dividend Yield
1.74%
Market Cap
$1.95 billion
Rev. per Employee
$410,164
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/zigman2/quotes/210599868/delayed
US : S&P US
1,381.14
+0.67 +0.05%
Volume: 240.00M
Oct. 22, 2021 5:04p
loading...
/zigman2/quotes/202836571/composite
US : U.S.: NYSE
$ 22.96
+0.10 +0.44%
Volume: 2.40M
Oct. 22, 2021 4:02p
P/E Ratio
25.35
Dividend Yield
2.96%
Market Cap
$14.01 billion
Rev. per Employee
$2.19M
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/zigman2/quotes/201809068/composite
US : U.S.: NYSE
$ 31.74
-0.29 -0.91%
Volume: 212,958
Oct. 22, 2021 4:00p
P/E Ratio
17.58
Dividend Yield
1.51%
Market Cap
$2.03 billion
Rev. per Employee
$4.67M
loading...
/zigman2/quotes/219506813/composite
US : U.S.: NYSE Arca
$ 60.50
-0.39 -0.64%
Volume: 1,355
Oct. 22, 2021 4:10p
loading...
/zigman2/quotes/205483484/composite
US : U.S.: NYSE
$ 85.56
+0.53 +0.62%
Volume: 804,046
Oct. 22, 2021 4:00p
P/E Ratio
20.65
Dividend Yield
N/A
Market Cap
$9.75 billion
Rev. per Employee
$159,333
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