TG Therapeutics shares are trading higher after it was announced the stock will join the S&P SmallCap 600.
Portfolio Pulse from Benzinga Newsdesk
TG Therapeutics shares rose after the announcement that the stock will join the S&P SmallCap 600 index.
September 09, 2024 | 7:06 pm
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POSITIVE IMPACT
TG Therapeutics shares increased following the news that it will be included 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 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.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100