Hyatt Hotels To Replace National Instruments In The S&P MidCap 400 Effective Prior To The Opening Of Trading On October 12
Portfolio Pulse from Benzinga Newsdesk
Hyatt Hotels will replace National Instruments in the S&P MidCap 400, effective prior to the opening of trading on October 12. This follows the acquisition of National Instruments by S&P 500 constituent Emerson Electric Co., which is expected to be completed soon.
October 09, 2023 | 9:21 pm
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POSITIVE IMPACT
Emerson Electric Co. is acquiring National Instruments, which could potentially expand its product portfolio and market reach.
The acquisition of National Instruments by Emerson Electric Co. could potentially expand its product portfolio and market reach, which could positively impact its stock price.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
POSITIVE IMPACT
Hyatt Hotels is set to replace National Instruments in the S&P MidCap 400, which could potentially increase its visibility and liquidity.
Being included in an index like the S&P MidCap 400 often leads to increased visibility and liquidity due to the additional exposure and the buying by index funds.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100
NEGATIVE IMPACT
National Instruments is being acquired by Emerson Electric Co. and will be removed from the S&P MidCap 400.
The acquisition of National Instruments by Emerson Electric Co. and its subsequent removal from the S&P MidCap 400 could potentially decrease its visibility and liquidity.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100