Forge Global Reveals First-of-its-Kind Investable Private Market Index in Partnership with Accuidity to Provide Diversified Exposure to Late Stage Companies
Portfolio Pulse from Benzinga Newsdesk
Forge Global, in partnership with Accuidity, has launched an innovative private market index offering diversified exposure to late-stage companies. This first-of-its-kind index allows investors to gain insights into the private market, which is traditionally less accessible than public markets. The index is designed to track the performance of late-stage private companies, providing a new tool for investors to assess this segment of the market.
December 14, 2023 | 1:02 pm
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Forge Global, identified by the symbol FRGE, has introduced a novel private market index in collaboration with Accuidity. This product is expected to enhance Forge Global's offerings and could attract investor interest in the company by providing a unique tool for investing in late-stage private companies.
The launch of a new product, especially one that is the first of its kind, is typically seen as a positive development for a company. It demonstrates innovation and expansion of services, which can lead to increased investor interest and potentially higher demand for FRGE's stock in the short term.
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