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AvePoint replaces LXP Industrial Trust in S&P SmallCap 600 as LXP is acquired

Market News
28 Oct 2026, 00:34 WIB
PRNewsWire
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Neutral
AvePoint replaces LXP Industrial Trust in S&P SmallCap 600 as LXP is acquired

AvePoint Inc. will join the S&P SmallCap 600 index on November 2, 2026, replacing LXP Industrial Trust. This change follows the pending acquisition of LXP by Brookfield Asset Management and Canada Pension Plan Investment Board. The update reflects shifts in market composition due to corporate transactions, impacting index investors and fund managers tracking the S&P SmallCap 600. The acquisition is expected to close soon, pending final conditions.

AvePoint joining the S&P SmallCap 600 provides context for market activity in the Technology sector. For readers following this sector, here is Pluang's market snapshot as of Oct 28, 2026 04:01 WIB: out of 150 priced Technology stocks, 80 rose and 70 fell. Notable movers include NBIS at USD 170.15 with a 1-day change of +11.01%, CRDO at USD 166.99 with +10.48%, and CIFR at USD 8.46 with +9.73%.

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