GE Vernova and Solventum are set to join the S&P 500 index as of next week, the start of the second quarter. GE Vernova represents the power generation-related businesses of General Electric It’s spinoff will be completed on April 2. Shares will trade under the stock symbol “GEV.”
S&P Dow Jones Indices said on Wednesday that it would add 3M spin-off Solventum Corp and General Electric spin-off GE Vernova Inc to the benchmark S&P 500 index in coming days. Solventum, which will trade under the 'SOLV' symbol on the New York Stock Exchange (NYSE) will be added to the index on April 1, replacing VF Corp, which will move to the S&P 600 smallcap index. GE Vernova, which will trade under the 'GEV' ticker on the NYSE, will be added to the S&P 500 on April 2, replacing Dentsply Sirona Inc, which will be moved to the S&P 400 MidCap index.
S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400 and S&P SmallCap 600: