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March 2, 2018, 6:16 p.m. EST

IPG Photonics to replace Scripps on S&P 500

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By Wallace Witkowski

IPG Photonics Corp. /zigman2/quotes/203325788/composite IPGP -1.39% will join the S&P 500 index /zigman2/quotes/210599714/realtime SPX -1.11% replacing shares of Scripps Networks Interactive Inc. , according to S&P Dow Jones Indices late Friday. IPG, which makes lasers and laser equipment used in the materials industry, will replace Scripps before the market opens on March 7, S&P said. Scripps is being acquired by Discovery Communications Inc. . Shares of IPG were down 0.1% after hours.

/zigman2/quotes/203325788/composite
US : U.S.: Nasdaq
$ 112.39
-1.58 -1.39%
Volume: 138,459
Feb. 8, 2023 4:00p
P/E Ratio
22.05
Dividend Yield
N/A
Market Cap
$5.55 billion
Rev. per Employee
$221,957
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/zigman2/quotes/210599714/realtime
US : S&P US
4,117.86
-46.14 -1.11%
Volume: 0.00
Feb. 8, 2023 4:53p
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