Amentum Set to Join S&P 500; Bath & Body Works to Join S&P SmallCap 600
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NEW YORK, Sept. 24, 2024 /PRNewswire/ -- Amentum Holdings Inc. (NYSE: AMTM) will be added to the S&P 500 effective prior to the open of trading on Monday, September 30, replacing Bath & Body Works, Inc. (NYSE: BBWI), which will be moved to the S&P SmallCap 600 effective prior to the open of trading on Tuesday, October 1. Bath & Body Works will replace Movado Group, Inc. (NYSE: MOV) in the S&P SmallCap 600 also effective prior to the open of trading on October 1. S&P 500 constituent Jacob's Solutions Inc. (NYSE: J) is spinning off its Critical Mission Solutions and Cyber Intelligence business, which will merge with private Amentum to create newly publicly traded Amentum Holdings in a transaction expected to be completed on September 30. Bath & Body Works is no longer representative of the large-cap market space and Movado is no longer representative of the small-cap market space.
Following is a summary of the changes that will take place prior to the open of trading on the effective date:
| Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector |
| Sept 30, 2024 | S&P 500 | Addition | Amentum | AMTM | Industrials |
| Oct 1, 2024 | S&P 500 | Deletion | Bath & Body Works | BBWI | Consumer Discretionary |
| Oct 1, 2024 | S&P SmallCap 600 | Addition | Bath & Body Works | BBWI | Consumer Discretionary |
| Oct 1, 2024 | S&P SmallCap 600 | Deletion | Movado | MOV | Consumer Discretionary |
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