Grid Dynamics Holdings Inc. is set to join the S&P SmallCap 600 index, effective prior to the opening of trading on Thursday, January 2, 2025. The company will replace Revelyst Inc. in the index.
This inclusion signifies Grid Dynamics' growing market presence and its position within the information technology sector. The S&P SmallCap 600 is a widely recognized benchmark for small-capitalization U.S. equities.
The addition to the index reflects the company's sustained corporate growth and increased demand for its digital engineering and information technology services. This development is expected to enhance the company's profile among institutional investors.
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