Altair added to S&P MidCap 400 by S&P Dow Jones Indices

The S&P 400 serves as a benchmark for mid-sized companies in the US

Autocar Pro News Desk By Autocar Pro News Desk calendar 22 Jun 2024 Views icon990 Views Share - Share to Facebook Share to Twitter Share to LinkedIn Share to Whatsapp
Altair added to S&P MidCap 400 by S&P Dow Jones Indices

Altair was added to the S&P MidCap 400 by S&P Dow Jones Indices effective before the open of trading on Monday, June 24.

“Being added to the S&P 400 represents a significant milestone in Altair's journey as a public company,” said James R. Scapa, founder and chief executive officer, Altair. “It is a testament to our strong and steady growth and our demonstrated leadership in simulation and design, data analytics and AI, and high-performance computing.”

The S&P 400 serves as a benchmark for mid-sized companies in the US. The index is designed to measure the performance of 400 mid-sized companies, reflecting the distinctive risk and return characteristics of this market segment 

Altair is a global leader in computational intelligence and provides software and cloud solutions in design and simulation, high-performance computing (HPC), and data analytics.

 

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