Amkor Technology : to Join S&P MidCap 400, HNI to Move to S&P SmallCap 600

By Josh Beckerman

Amkor Technology Inc., which provides semiconductor packaging and test services, will replace workplace furnishings and building products company HNI Corp. in the S&P MidCap 400 on Feb. 16.

HNI will join the S&P SmallCap 600. S&P Dow Jones Indices said HNI is more representative of the small-cap market space.

HNI is replacing Virtusa Corp., which is being sold to Baring Private Equity Asia.

Amkor shares rose 9% after hours to $20.45. HNI rose 6% to $36.15.

Write to Josh Beckerman at [e-mail]

(END) Dow Jones Newswires

02-10-21 1905ET