Veracyte jumps after diagnostics company to join S&P 600 Small Cap Index

Veracyte

25/07/2025 09:38

** Shares of diagnostics co Veracyte VCYT.O climb 6.6% to $25.2 premarket

** VCYT to replace Aero parts maker Triumph Group in S&P 600 Small Cap Index .SPCY, S&P Dow Jones Indices says

** Change will take effect before markets open on July 29

** J.P.Morgan analysts estimate S&P 600 indexer demand for VCYT shares to be 8.5 mln

** Stephens analysts expect passive funds will need to purchase 10.4 mln VCYT shares, which implies ten days of buying demand

** Investment firms Warburg Pincus and Berkshire Partners completed the acquisition of Triumph Group on July 24

** The take-private $3 bln deal was first announced on Feb 3

** As of last close, VCYT shares down more than 40% YTD

 (Reporting by Shashwat Chauhan in Bengaluru)

 ((Shashwat.Chauhan@thomsonreuters.com))