Why Tenable Stock Triumphed on Thursday
It's about to join a notable small-cap stock index.
Overview
Cybersecurity company Tenable (NASDAQ: TENB) was looking like a very secure investment on Thursday. After the stock was announced as a new component of a high-profile index on Wednesday, following market close, its share price zoomed nearly 12% higher across Thursday's trading session.
That equity gauge is the S&P SmallCap 600 index. Its owner, S&P Dow Jones Indices announced that Tenable is to become a part of it prior to the start of trading this coming Monday, Aug. 31.
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Details
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Originally published at www.fool.com.
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Disclaimer: This article is for informational purposes only and does not constitute investment advice. Data may be delayed up to 15 minutes. Past performance is not indicative of future results. Consult a licensed financial advisor before making investment decisions.