- Cerence Inc CRNC will replace Adtalem Global Education Inc ATGE in the S&P MidCap 400 effective July 7 before the market open.
- Adtalem Global Education will replace Boston Private Financial Holdings Inc BPFH in the S&P SmallCap 600.
- Cerence’s share price has gained 160% last year.
- In May, the software company reported record Q2 FY21 revenue of $98.7 million, up 14% year-on-year, beating the analyst consensus by 5.6%. EPS of $0.69 beat analyst consensus by 32.7%.
- Price action: CRNC shares traded higher by 9.01% at $118.35 in the premarket session on the last check Friday.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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