CAVA (CAVA) Prnewswire·2025-03-26 21:40Group 1 - S&P Dow Jones Indices will implement changes to the S&P MidCap 400 and S&P SmallCap 600 indices, effective March 31 and April 2, 2025 respectively [1][4] - Cava Group (CAVA) will be added to the S&P MidCap 400, replacing Altair Engineering (ALTR), which is being acquired by Siemens AG [1][4] - Angi Inc. (ANGI) will be added to the S&P SmallCap 600, replacing The ODP Corp (ODP), as ODP's market capitalization is no longer representative of the small-cap market [1][4] Group 2 - The changes reflect ongoing adjustments in the indices to ensure they accurately represent their respective market segments [1][4] - The acquisition of Altair Engineering by Siemens AG is a significant event leading to its removal from the S&P MidCap 400 [1][4] - The spin-off of ANGI from IAC Inc. is a strategic move that allows ANGI to enter the S&P SmallCap 600 [1][4]