🟢 TOST is trading 4.3% up today on its addition to the S&P MidCap 400

TOST is trading 4.3% up at $26.87 following the announcement that it will be added to the S&P MidCap 400.

• The inclusion in the index is a significant catalyst that typically drives buying from index-tracking funds and increases institutional visibility.
• The pre-market strength comes as a direct reaction to the index change, as there have been no fresh earnings reports or other corporate developments.