Grid Dynamics' Shares Rise After Hours; Will Join S&P SmallCap 600

Dow Jones

2024-12-27

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)

Copyright (c) 2024 Dow Jones & Company, Inc.

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