Reported 1 day ago
Veracyte, Inc. (NASDAQ:VCYT) experienced a 7.04% increase in share price, closing at $25.25 on Friday, following its announcement of inclusion in the S&P SmallCap 600 index starting July 29. This move comes after the Triumph Group's removal from the index due to an impending merger. Such inclusions usually lead to a rise in stock prices as investment firms add these companies to their portfolios, increasing visibility among investors. Veracyte is also expected to release its second-quarter financial results on August 6.
Source: YAHOO