Which 17 Stocks Got Booted From the S&P 500 in 2013?
While many investors think of the S&P 500 as a static index that rarely changes, the reality is that it's in a constant state of flux. This year alone, it changed out nearly 20 component companies, leaving stocks like Teradyne and JDS Uniphase in the lurch. In the video below, Fool contributor John Maxfield discusses which other stocks got kicked off the index -- for a full list, plus the date of and reason for removal, see the table beneath the video.
Discover our "top stock for 2014"
There's a huge difference between a good stock, and a stock that can make you rich. The Motley Fool's chief investment officer has selected his No. 1 stock for 2014, and it's one of those stocks that could make you rich. You can find out which stock it is in the special free report: "The Motley Fool's Top Stock for 2014." Just click here to access the report and find out the name of this under-the-radar company.
Date | Removed | Replaced By | Reason for Removal |
|---|---|---|---|
April 30 | MetroPCS Communications | Regeneron Pharmaceuticals | Merged with T-Mobile USA, dropping public float below 50% threshold |
May 8 | Coventry Health Care | The Macerich Co. | Acquired by Aetna |
May 23 | Dean Foods | Kansas City Southern | Equity interest in WhiteWave Foods spun off making Dean Foods "more representatives of the midcap market space" |
June 6 | H.J. Heinz Co. | General Motors | Acquired by Berkshire Hathaway |
June 21 | First Horizon National | Zoetis | Insufficient market capitalization |
June 28 | Apollo Education Group | News Corp | Insufficient market capitalization |
July 8 | Sprint Nextel | Nielsen Holding | Capital infusion by Japan's SoftBank dropped public float below 50% threshold |
Sept. 10 | BMC Software | Delta Air Lines | Acquired by private equity firm Bain Capital |
Sept. 20 | Advanced Micro Devices | Vertex Pharmaceuticals | Insufficient market capitalization |
Sept. 20 | Science Applications International Corp. | Ametek | Split into two companies: SAIC and Leidos Holdings |
Oct. 28 | Dell | Transocean | Taken private by founder-led buyout |
Nov. 1 | NYSE Euronext | Michael Kors | Acquired by Intercontinental Exchange |
Nov. 29 | J.C. Penney | Allegion | Insufficient market capitalization |
Dec. 9 | Molex | General Growth Properties | Acquired by privately held Koch Industries |
Dec. 20 | Abercrombie & Fitch | Alliance Data Systems | Insufficient market capitalization |
Dec. 20 | JDS Uniphase | Mohawk Industries | Insufficient market capitalization |
Dec. 20 | Teradyne | Insufficient market capitalization |
Source: S&P Dow Jones Indices.
The article Which 17 Stocks Got Booted From the S&P 500 in 2013? originally appeared on Fool.com.
John Maxfield has no position in any stocks mentioned, and neither does The Motley Fool. Try any of our Foolish newsletter services free for 30 days. We Fools may not all hold the same opinions, but we all believe that considering a diverse range of insights makes us better investors. The Motley Fool has a disclosure policy.
Copyright © 1995 - 2013 The Motley Fool, LLC. All rights reserved. The Motley Fool has a disclosure policy.
