BUZZ-Freshworks stock rises ahead of inclusion in S&P SmallCap 600 Index
路透社2026/10/06 08:36October 6 — Software development company Freshworks Inc (FRSH.O) saw its shares rise by 4.3% to $13.79 in pre-market trading. The company will replace BioLife Solutions (BLFS.O) in the S&P SmallCap 600 Index, effective before market open on October 8, according to an announcement released after the U.S. stock market closed on Monday. BLFS is set to be acquired later this year by Repligen Corp (RGEN.O), pending regulatory and shareholder approval. According to data from London Stock Exchange Group (LSEG), as of the previous trading session's close, FRSH had a market value of $3.45 billions. As of the last close, the stock had gained 7.9% so far this year. (For the convenience of non-English speakers, Reuters provides automated translations of its reports into several other languages. Because automated translations may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the translations and provides them for the convenience of readers only. Reuters assumes no responsibility for any damage or loss resulting from the use of automated translation features.)
October 6 - ** Software development company Freshworks Inc (FRSH.O) rose 4.3% to $13.79 in pre-market trading
** The company will replace BioLife Solutions (BLFS.O) in the S&P SmallCap 600 Index, effective before the market opens on October 8—this was announced after the US market closed on Monday
** BLFS (link) will be acquired later this year by Repligen Corp RGEN.O, a transaction still subject to regulatory and shareholder approval
** According to data from London Stock Exchange Group (LSEG), as of the previous trading session close, FRSH had a market capitalization of $3.45 billion
** As of the last close, the stock is up 7.9% year-to-date
(To assist non-native English speakers, Reuters has automatically translated its reports into several other languages. As automated translation may contain errors or lack necessary context, Reuters does not guarantee the accuracy of the translated text, which is provided solely for reader convenience. Reuters accepts no responsibility for any damage or loss caused by the use of automated translation.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Windward Bio (WWB.US) plans to list in the US and aims to raise up to 100 million dollars, with multiple drugs licensed to Chinese pharmaceutical companies.
Windward Bio Group filed for an initial public offering (IPO) with the U.S. Securities and Exchange Commission (SEC) last Friday, aiming to raise up to 100 million dollars.
A Contrarian Amid the Selloff in French Bonds: 370 billion AUD Pension Fund Increases Holdings, Betting That Fiscal Risks Are Overestimated
Australia's second largest pension fund is buying French government bonds. The institution believes that the market has overreacted in pricing France's fiscal predicament and the European Central Bank's interest rate hike outlook.
Bravida Names Caroline Starck Head of Communications for Sweden
Tether is Developing AI-Powered Bitcoin Mining Management Technology! Here are the Details
Crypto prices
More
