ADMA Biologics shares are trading higher after it was announced the company will join the S&P SmallCap 600.
Portfolio Pulse from Benzinga Newsdesk
ADMA Biologics shares rose following the announcement that the company will be added to the S&P SmallCap 600 index.
September 09, 2024 | 1:34 pm
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ADMA Biologics shares increased after the announcement of its inclusion in the S&P SmallCap 600 index, which often leads to increased visibility and potential investment from index funds.
Inclusion in the S&P SmallCap 600 index typically results in increased demand for a company's stock as index funds that track the index will need to purchase shares. This can lead to a short-term increase in stock price due to higher visibility and demand.
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