CONSOL Energy (new) and PDF Solutions Set to Join S&P SmallCap 600

NEW YORK, Nov. 21, 2017 /PRNewswire/ -- S&P Dow Jones Indices will make the following changes to the S&P S&P SmallCap 600 effective prior to the open of trading on Thursday, November 30:

• CONSOL Mining Corporation, to be renamed CONSOL Energy Inc., (NYSE: CEIX) will replace Iconix Brand Group Inc. (NASD: ICON). S&P MidCap 400 constituent CONSOL Energy Inc., to be renamed CNX Resources Corp., (NYSE: CNX) is spinning off CONSOL Mining in a transaction expected to be completed after the close of trading on Tuesday, November 28 pending final conditions. Post spin-off, the newly named CNX Resources will remain in the S&P MidCap 400 and will change its Global Industry Classification Standard (GICS) to Oil & Gas Exploration & Production. Iconix Brand Group is ranked near the bottom of the S&P SmallCap 600 and is no longer representative of the small-cap market space.
• PDF Solutions Inc. (NASD: PDFS) will replace Black Box Corp. (NASD: BBOX) in the S&P SmallCap 600. With a market capitalization below $60 million, Black Box is ranked at the bottom of the S&P SmallCap 600 and is no longer representative of the small-cap market space.

CONSOL Energy (new) focuses on the extraction and preparation of coal in the Appalachian Basin.  Headquartered in Canonsburg, PA, the company will be added to the S&P SmallCap 600 GICS Coal & Consumable Fuels Sub-Industry index.

PDF Solutions provides infrastructure technologies and services to enhance yield and optimize performance of integrated circuits. Headquartered in San Jose, CA, the company will be added to the S&P SmallCap 600 GICS Semiconductor Equipment Sub-Industry index.

Following is a summary of the changes:

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FOR MORE INFORMATION:

S&P Dow Jones Indices
index_services@spglobal.com 

David Blitzer 
Managing Director and Chairman of the Index Committee 
New York, USA 
(+1) 212 438 3907 
david.blitzer@spglobal.com

Soogyung Jordan 
Global Head of Communications 
New York, USA 
(+1) 212 438 2297 
soogyung.jordan@spglobal.com

Luke Shane 
North America Communications  
New York, USA 
(+1) 212 438 8184 
luke.shane@spglobal.com

Haw-Yan Man
EMEA Communications
London, UK 
(+44) 207 176 3023 
haw-yan.man@spglobal.com

Cecilia Ho 
Asia Pacific Communications  
Hong Kong, HK 
(+852) 2532 8061 
cecilia.ho@spglobal.com

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SOURCE S&P Dow Jones Indices