Nexstar Media Group (NXST) will replace Sabre Corp. (SABR) in the S&P MidCap 400, and Sabre will replace Flagstar Bancorp (FBC) in the S&P SmallCap 600. S&P MidCap 400 constituent New York Community Bancorp (NYCB) is acquiring Flagstar Bancorp in a deal expected to be completed soon pending final conditions. Sabre has a market capitalization more representative of the small-cap market space.
Published first on TheFly
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Read More on SABR:
- Sabre to replace Flagstar Bancorp in the S&P 600 at open on 12/1
- Nexstar to replace Sabre in the S&P 400 at open on 12/1
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- Sabre’s third quarter 2022 earnings materials available on its Investor Relations website
