Okta to join the S&P 500, triggering multiple S&P index reshuffles on Nov 4 2026
+1 new source since this summary was written
S&P Dow Jones Indices announced that Okta Inc. will replace Kenvue Inc. in the S&P 500 effective before the open of trading on 4 Nov 2026. The move pushes current S&P MidCap 400 constituent Glaukos Corp. into the MidCap 400 in Okta’s place, while McGrath RentCorp will take Glaukos’s spot in the S&P SmallCap 600. Loar Holdings will replace LiveRamp Holdings in the SmallCap 600, as LiveRamp is being acquired by Publicis Groupe. Kenvue’s removal follows its pending acquisition by Kimberly‑Clark.
Why it matters
Inclusion in the S&P 500 often boosts a stock’s liquidity and attracts passive‑fund inflows, which could lift Okta’s share demand (investing.com). The index reshuffle also alters the composition of the MidCap 400 and SmallCap 600, affecting funds that track those benchmarks.
Key facts
- 1Okta will replace Kenvue in the S&P 500 effective prior to the opening of trading on 4 Nov 2026. stocktitan.net
- 2Glaukos Corp. will replace Okta in the S&P MidCap 400 on the same date. stocktitan.net
- 3McGrath RentCorp will replace Glaukos in the S&P SmallCap 600 on 4 Nov 2026. stocktitan.net
- 4Loar Holdings will replace LiveRamp Holdings in the S&P SmallCap 600 on 4 Nov 2026. stocktitan.net
- 5Kenvue is being acquired by Kimberly‑Clark in a cash‑and‑stock deal valuing Kenvue at approximately $48.7 billion, with a total consideration of $21.01 per share. securities.io
- 6LiveRamp is being acquired by Publicis Groupe for $38.50 per share, an enterprise value of $2.167 billion. securities.io
Summary written by AlphAI AI Desk from 5 of 5 sources. Not investment advice. Figures are as stated by the linked sources.