Applied Optoelectronics Set to Join S&P SmallCap 600
April 20, 2017 --
NEW YORK, April 20, 2017 /PRNewswire/ -- Applied Optoelectronics Inc. (NASD: AAOI) will replace Adeptus Health Inc. (NYSE: ADPT) in the S&P SmallCap 600, effective prior to the open on Tuesday, April 25. Adeptus Health has filed a voluntary petition for relief under Chapter 11 of the Bankruptcy Code to pursue a plan of reorganization and has been halted by the NYSE effective before the market open today.
Applied Optoelectronics designs, manufactures, and sells fiber-optic networking products primarily for internet data center, cable television and fiber-to-the-home networking end markets. Headquartered in Sugar Land, TX, the company will be added to the S&P SmallCap 600 GICS (Global Industry Classification Standard) Communications Equipment Sub-Industry index.
Following is a summary of the changes:
S&P SMALLCAP 600 INDEX APRIL 25, 2017
GICS ECONOMIC SECTOR
Health Care Services
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