When it comes to stocks, the S&P 500 (^GSPC 0.52%) is the place to see and be seen. In 2013, by my estimate, 17 companies were given the honor of being selected, including Facebook (META 1.04%), General Motors (GM 1.09%), and General Growth Properties (GGP) -- see the table below for a complete list. Fool contributor John Maxfield discusses the prerequisites for being selected in the following video and the impact this has on a company's share price
Date |
Added |
Removed |
Reason for Removal |
---|---|---|---|
April 30 |
Regeneron Pharmaceuticals |
MetroPCS Communications |
Merged with T-Mobile USA, dropping public float below 50% threshold |
May 8 |
The Macerich Co. |
Coventry Health Care |
Acquired by Aetna |
May 23 |
Kansas City Southern |
Dean Foods |
Equity interest in WhiteWave Foods spun off, making Dean Foods "more representative of the midcap market space" |
June 6 |
General Motors |
H.J. Heinz Co. |
Acquired by Berkshire Hathaway |
June 21 |
Zoetis |
First Horizon National |
Insufficient market capitalization |
June 28 |
News Corp |
Apollo Education Group |
Insufficient market capitalization |
July 8 |
Nielsen Holding |
Sprint Nextel |
Deal with Japan's SoftBank dropped public float below 50% threshold |
Sept. 10 |
Delta Airlines |
BMC Software |
Acquired by private equity firm Bain Capital |
Sept. 20 |
Vertex Pharmaceuticals |
Advanced Micro Devices |
Insufficient market capitalization |
Sept. 20 |
Ametek |
Science Applications International Corp. |
Split into two companies: SAIC and Leidos Holdings |
Oct. 28 |
Transocean |
Dell |
Taken private by founder-led buyout |
Nov. 1 |
Michael Kors |
NYSE Euronext |
Acquired by Intercontinental Exchange |
Nov. 29 |
Allegion |
J.C. Penney |
Insufficient market capitalization |
Dec. 9 |
General Growth Properties |
Molex |
Acquired by privately held Koch Industries |
Dec. 20 |
Alliance Data Systems |
Abercrombie & Fitch |
Insufficient market capitalization |
Dec. 20 |
Mohawk Industries |
JDS Uniphase |
Insufficient market capitalization |
Dec. 20 |
|
Teradyne |
Insufficient market capitalization |
Source: S&P Dow Jones Indices.