Freshworks is trading at $14.23 (+7.64%), with coverage linking the rally to its announced addition to the S&P SmallCap 600.
- The change takes effect before the October 8 open, with Freshworks replacing BioLife Solutions after its pending acquisition by Repligen.
- Coverage cited likely buying by index-tracking funds ahead of the change.
- The announcement came after the October 5 close; broad-market gains were modest beside Freshworks’ move.