Index rebalancing

S&P Dow Jones Indices will make the following changes to the S&P 500, S&P MidCap 400, and S&P SmallCap 600 indices effective prior to the open of trading on Monday, June 22, 2026, to coincide with the quarterly rebalance. 

Effective date: June 22, 2026

Index Name	Action	Company Name	Ticker	GICS Sector
S&P 500	Addition	Marvell Technology	MRVL	Information Technology
S&P 500	Deletion	Pool Corp	POOL	Consumer Discretionary
S&P 500	Addition	Flex	FLEX	Information Technology
S&P 500	Deletion	The Campbell's Company	CPB	Consumer Staples
S&P MidCap 400	Addition	Roku	ROKU	Communication Services
S&P MidCap 400	Deletion	Flex	FLEX	Information Technology
S&P MidCap 400	Addition	Coeur Mining	CDE	Materials
S&P MidCap 400	Deletion	BellRing Brands	BRBR	Consumer Staples
S&P MidCap 400	Addition	Semtech	SMTC	Information Technology
S&P MidCap 400	Deletion	Coty	COTY	Consumer Staples
S&P MidCap 400	Addition	Sanmina	SANM	Information Technology
S&P MidCap 400	Deletion	Concentrix	CNXC	Industrials
S&P MidCap 400	Addition	Viavi Solutions	VIAV	Information Technology
S&P MidCap 400	Deletion	Blackbaud	BLKB	Information Technology
S&P SmallCap 600	Addition	Pool	POOL	Consumer Discretionary
S&P SmallCap 600	Deletion	Embecta	EMBC	Health Care
S&P SmallCap 600	Addition	The Campbell's Company	CPB	Consumer Staples
S&P SmallCap 600	Deletion	Universal Health Realty Trust	UHT	Real Estate
S&P SmallCap 600	Addition	Coty	COTY	Consumer Staples
S&P SmallCap 600	Deletion	Semtech	SMTC	Information Technology
S&P SmallCap 600	Addition	Concentrix	CNXC	Industrials
S&P SmallCap 600	Deletion	Sanmina	SANM	Information Technology
S&P SmallCap 600	Addition	Blackbaud	BLKB	Information Technology
S&P SmallCap 600	Deletion	Viavi Solutions	VIAV	Information Technology
S&P SmallCap 600	Addition	Credit Acceptance	CACC	Financials
S&P SmallCap 600	Deletion	Oxford Industries	OXM	Consumer Discretionary
S&P SmallCap 600	Addition	Lazard	LAZ	Financials
S&P SmallCap 600	Deletion	Gogo	GOGO	Communication Services
S&P SmallCap 600	Addition	Eastern Bankshares	EBC	Financials
S&P SmallCap 600	Deletion	PRA Group	PRAA	Financials
S&P SmallCap 600	Addition	Wesbanco	WSBC	Financials
S&P SmallCap 600	Deletion	Insteel Industries	IIIN	Industrials
S&P SmallCap 600	Addition	Warby Parker	WRBY	Consumer Discretionary
S&P SmallCap 600	Deletion	Ethan Allen Interiors	ETD	Consumer Discretionary
S&P SmallCap 600	Addition	Nicolet Bankshares	NIC	Financials
S&P SmallCap 600	Deletion	Cytek Biosciences	CTKB	Health Care
S&P SmallCap 600	Addition	Liquidia	LQDA	Health Care
S&P SmallCap 600	Deletion	Monro	MNRO	Consumer Discretionary
S&P SmallCap 600	Addition	Rush Street Interactive	RSI	Consumer Discretionary
S&P SmallCap 600	Deletion	Vital Farms	VITL	Consumer Staples
S&P SmallCap 600	Addition	United States Lime & Minerals	USLM	Materials
S&P SmallCap 600	Deletion	Cable One	CABO	Communication Services
S&P SmallCap 600	Addition	InvenTrust Properties	IVT	Real Estate
S&P SmallCap 600	Deletion	Forward Air	FWRD	Industrials

=== Concrete Pumping Holdings (BBCP) reported earnings on Thur 4 June 26 (a/h)

 

Concrete Pumping Holdings beats Q2 estimates, raises FY26 revenue guidance to $410M–$425M on data center, infrastructure strength

• Q2 non-GAAP EPS $0.04, +500% YoY, beat estimates as revenue grew 14% to $106.8m.
• FY26 guidance raised: revenue $410–425m, adjusted EBITDA $98–105m, free cash flow ≥$45m.
• Adjusted EBITDA increased 17% in Q2; gross margin 38.6%, EBITDA margin improved 80 bps despite parts and labor inflation.
• U.S. Concrete Pumping and Eco-Pan led growth; U.K. remained soft excluding FX and acquisitions.
• Data center and chip-plant work now 10–12% of revenue versus 4–5% last year.
• Outlook assumes no recovery in residential or light commercial; expects tempered 2H growth on tough comps.
• Net leverage 3.8x with $346m liquidity; ongoing share repurchases, $11.9m authorization remaining.
• Templant acquisition broadens U.K. temporary power services, supporting multiservice platform diversification strategy.
• Q&A focused on data center margins and sustainability, plus timing of accelerated fleet investments.
• Main concern: Sustainability of data center and infrastructure strength amid ongoing residential, U.K., and macro softness.
• Strong quarter, driven by robust U.S. large-scale projects, pricing discipline, and operating leverage despite inflation.

===Oculis Holding AG (OCS) : OCS-01 Phase 3 DIAMOND trials miss primary vision endpoint

• Sector: Healthcare
• Industry: Biotechnology
• Full Time Employees: 60
• https://oculis.com

IPO : March 3, 2023 Oculis (OCS) became publicly listed on the NASDAQ through a de-SPAC business combination with European Biotech Acquisition Corp. (EBAC). 

OCS-01 Phase 3 DIAMOND trials miss primary vision endpoint, prompting no FDA filing

• Oculis announced May 29, 2026 that both DIAMOND-1 and DIAMOND-2 Phase 3 trials of OCS-01 eye drops in DME failed primary BCVA change from baseline at week 52.
• Key secondary endpoint (proportion with ≥15-letter BCVA gain) also missed in both trials despite substantial retinal thickness reduction vs vehicle.
• OCS-01 was well-tolerated with safety consistent with prior studies; no unexpected adverse events.
• Company stated it will not pursue FDA regulatory filing for OCS-01 in DME and is redirecting resources to Privosegtor (optic neuropathies PIONEER program) and Licaminlimab (dry eye PREDICT-1).
• CEO Riad Sherif: "disappointed that the substantial and sustained reduction in retinal thickness... didn’t translate into BCVA improvement at week 52."
• $278M cash provides runway into 2H 2029, supporting continued late-stage pipeline execution.

===Taylor Morrison Home (TMHC) to be acquired by Berkshire Hathaway (BRK.A) for 72.50 per share

• This marks Greg Abel's first major deal as Berkshire CEO, expanding housing presence
• Taylor Morrison to operate as private entity post-deal subject to approvals

Taylor Morrison Home to be acquired by Berkshire Hathaway (BRK.A) for 72.50 per share 

• Taylor Morrison agreed to be acquired by Berkshire Hathaway for $72.50 per share in cash, valuing the company at approximately $6.8 bln equity value and $8.5 bln enterprise value.
  • The offer represents a 24% premium to Taylor Morrison's May 29 closing price of $58.50.
• Berkshire plans to combine Taylor Morrison with its existing housing and building products operations, expanding its presence in U.S. homebuilding.
• Taylor Morrison's management team, including CEO Sheryl Palmer, is expected to remain in place following the transaction.
• The deal is expected to close in H2 2026, subject to shareholder approval and customary regulatory clearances.