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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 +0.04% will join the S&P 500 index /zigman2/quotes/210599714/realtime SPX +1.42% 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. /zigman2/quotes/201842100/composite DISCK +3.99% /zigman2/quotes/200511275/composite DISCA +4.45% . Shares of IPG were down 0.1% after hours.

/zigman2/quotes/203325788/composite
US : U.S.: Nasdaq
$ 162.47
+0.07 +0.04%
Volume: 272,091
Dec. 2, 2021 4:00p
P/E Ratio
33.39
Dividend Yield
N/A
Market Cap
$8.66 billion
Rev. per Employee
$198,139
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/zigman2/quotes/210599714/realtime
US : S&P US
4,577.10
+64.06 +1.42%
Volume: 2.80B
Dec. 2, 2021 5:08p
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/zigman2/quotes/201842100/composite
US : U.S.: Nasdaq
$ 22.67
+0.87 +3.99%
Volume: 4.92M
Dec. 2, 2021 4:00p
P/E Ratio
12.17
Dividend Yield
N/A
Market Cap
$11.19 billion
Rev. per Employee
$1.09M
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/zigman2/quotes/200511275/composite
US : U.S.: Nasdaq
$ 23.25
+0.99 +4.45%
Volume: 8.92M
Dec. 2, 2021 4:00p
P/E Ratio
12.48
Dividend Yield
N/A
Market Cap
$11.19 billion
Rev. per Employee
$1.09M
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