Peloton Interactive to Replace Enviri in S&P SmallCap 600 on May 27
Peloton Interactive will be added to the S&P SmallCap 600 index on May 27, 2026, replacing Enviri Corp following the latter’s planned asset spin-off and acquisition. The index change reflects Peloton’s market capitalization meeting the S&P SmallCap eligibility and liquidity criteria.
1. Index Rebalance Details
S&P Dow Jones Indices will add Peloton Interactive to the S&P SmallCap 600 on May 27, 2026, replacing Enviri Corp following its planned spin-off of assets and pending acquisition. This periodic rebalancing maintains the small-cap benchmark’s 600-company roster.
2. Inclusion Criteria Met
Peloton achieved the required small-cap market capitalization and liquidity thresholds at the May rebalancing cut-off date to qualify for the index. The replacement underscores adjustments for companies undergoing significant corporate actions, such as Enviri’s asset spin-off.
3. Potential Market Impact
Inclusion may drive passive small-cap index funds to purchase Peloton shares, potentially boosting demand and trading volume. Market participants will monitor short-term price movements and volatility shifts around the effective date.