Why Avid Bioservices Stock Surged 14% Today

·1 min read
Why Avid Bioservices Stock Surged 14% Today

The stock market's relatively smaller companies dream of inclusion on a major equity index, as it raises their visibility and puts them on the radar of index funds. Tuesday was Avid Bioservices' (NASDAQ: CDMO) turn in the spotlight. Effective prior to the start of trading this Friday, Oct. 29, Avid will join the S&P SmallCap 600 index.

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