Five9 Set to Join S&P SmallCap 600

Impact · against what's priced in

Five9 is likely to experience short-term upward price pressure due to forced buying from passive funds following its addition to the S&P SmallCap 600. Two Harbors Investment Corp is facing a dual impact of index removal and an acquisition by CrossCountry Mortgage, which typically provides a valuation floor.

FIVN+0.30

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In context

The addition to the S&P SmallCap 600 on August 3 creates mandatory buying from index-tracking funds, increasing institutional demand.

Read from the article alone

• m and a
• FIVN
• TWO
• acquisition
• financials
• index addition
• index rebalancing
• information technology
• sp smallcap 600

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