Five9 to Join S&P SmallCap 600, Replacing Two Harbors Investment

Corporate Action
โดย PR Newswire·Read original
Summary · why it matters

Five9 will join the S&P SmallCap 600 index, replacing Two Harbors Investment effective prior to the opening of trading on Monday, August 3. The change follows CrossCountry Mortgage's pending acquisition of Two Harbors Investment, which is expected to close soon pending final conditions. Five9, trading under ticker FIVN, will be added to the Information Technology sector, while Two Harbors Investment, ticker TWO, will be removed from the Financials sector.

Impact on stocks 3

Artificial Intelligence▲ · 1 stocks
Five9 Inc
FIVN
▲ PositiveCapitalrelevance

Five9 will be added to the S&P SmallCap 600 index, which typically attracts index fund buying and increases visibility.

Financials▼ · 1 stocks
Two Harbors Investments Corp
TWO
▼ NegativeCapitalrelevance

Two Harbors Investment will be removed from the S&P SmallCap 600 index due to its pending acquisition.

Cloud & Digital Infrastructure▲ · 1 stocks

Off-coverage companies 1

CrossCountry Mortgage, LLCPrivate± Mixed
relevance

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