Okta to be added to the S&P 500 on November 4, Kenvue to be removed

On October 30 local time, S&P Dow Jones Indices announced that Okta will replace Kenvue in the S&P 500 index, with the change effective before the market opens on November 4. Okta was previously a constituent of the S&P MidCap 400 index, and its vacancy will be filled by Glaukos; Glaukos's former position in the S&P SmallCap 600 index will in turn be filled by McGrath RentCorp. In addition, Loar Holdings will replace LiveRamp in the S&P SmallCap 600 index. The adjustments are related to merger and acquisition transactions involving the companies concerned.