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PDF Solutions, Consol Energy spin-off to join SmallCap 600

Nov. 21, 2017 8:34 PM ETPDF Solutions, Inc. (PDFS) StockICON, CNX, PDFS, BBOX, CEIXBy: Jason Aycock, SA News Editor1 Comment
  • PDF Solutions (NASDAQ:PDFS) is replacing Black Box (NASDAQ:BBOX) in the S&P SmallCap 600, S&P says, with Black Box no longer representative of the small-cap market space (it has a market cap below $60M).
  • Black Box finished the regular session up 15.3% and postmarket trading up 4.7%.
  • In another move tied to Consol Energy's (NYSE:CNX) separation into two publicly traded companies, the new Consol Energy (the former Consol Mining, (NYSE:CEIX)) will replace Iconix Brand Group (NASDAQ:ICON) in the SmallCap 600.
  • After the spin-off, the newly named CNX Resources will stay in the MidCap 400 and be reclassified into the Oil & Gas Exploration and Production area.
  • Iconix finished the regular session up 12.3%.

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