S&P SmallCap 600 Shake-Up: TEGNA Out, Vita Coco In After Nexstar Deal

A broadcasting giant's takeover reshapes the index. Discover how Vita Coco's rise and TEGNA's departure signal shifting market dynamics.

, and Administrator

2026 April 18 . 2:07 AM

1 min read

The image shows an old book with a table of numbers on it, which appears to be a stock index. The... — The image shows an old book with a table of numbers on it, which appears to be a stock index. The paper is filled with text and numbers, likely representing the stock prices of various companies.

S&P SmallCap 600 Shake-Up: TEGNA Out, Vita Coco In After Nexstar Deal

The Vita Coco Company Inc. (NASD: COCO) will replace TEGNA Inc. (NYSE: TGNA) in the S&P SmallCap 600 effective prior to the opening of trading on Wednesday, March 25. S&P MidCap 400 constituent Nexstar Media Group Inc. (NASD: NXST) has acquired TEGNA in a deal that closed today, March 20.

Following is a summary of the change that will take place prior to the open of trading on the effective date:

| Effective Date | Index Name | Action | Company Name | Ticker | GICS Sector | |----------------|-----------------|----------|-----------------------|--------|------------------| | March 25, 2026 | S&P SmallCap 600 | Addition | The Vita Coco Company | COCO | Consumer Staples| | March 25, 2026 | S&P SmallCap 600 | Deletion | TEGNA | TGNA | Communication Services|