By Stephen Nakrosis
Shares of Grid Dynamics Holdings rose post-market after it was disclosed that the company will be added to the S&P SmallCap 600 Index prior to the start of trading on Jan.2
The stock climbed 11% to $23.49 after ending the day's regular session up 2.6% at $21.07. That was down slightly from the 52-week high of $21.19 reached earlier in the session.
The company will replace Revelyst, which is being acquired by Strategic Value Partners, S&P Dow Jones Indices said.
Grid Dynamics provides digital engineering and information technology services.
Write to Stephen Nakrosis at stephen.nakrosis@wsj.com
(END) Dow Jones Newswires
December 26, 2024 18:29 ET (23:29 GMT)
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