S&P Dow Jones Indices, a division of S&P Global (SPGI), announced that SanDisk Corp. (SNDK) will replace Leslie Inc. (LESL) in the S&P SmallCap 600 effective prior to the opening of trading on Tuesday, February 25.
S&P 500 constituent Western Digital Corp. (WDC) is spinning off SanDisk in a transaction expected to be completed on February 24. Western Digital will remain in the S&P 500 post spin-off. Leslie's market capitalization is no longer representative of the small cap market space.
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