bullish
Waystar Holding (WAY US): Clear WAY to One Global Index, Rocky Road to the Other.
352 Views18 Oct 2024 06:39
Waystar Holding (WAY US) poised to meet small-cap segment quarterly thresholds and get added in November and December 2024. Risk of failing the float cap threshold arises if the stock price falls.
What is covered in the Full Insight:
- Introduction of Waystar Holding
- IPO and Initial Performance
- Index Inclusion Forecasts
- Free Float and Shareholder Structure
- Risks and Challenges for Index Inclusion
Boomeranged on Thu, 7 Nov 2024 20:41
On 6 November after market close, WAY announced its quarterly earnings and it was also announced as an addition to the small-cap segment for the November 2024 review. The stock is up over 7% at pre-market today. Passive fund demand of ~2.1m shares, ~$60m and ~2.3 ADV is expected at the close on 29 November. Based on current price, the other Global Index addition is anticipated in December 2024.
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