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Why Harmony Biosciences Stock Is Up 15% Today


Shares of Harmony Biosciences Holdings (NASDAQ: HRMY) were trading more than 15% higher as of midday Tuesday following news that the company is to become part of the S&P 600 small-cap stock index.

S&P Global's S&P Dow Jones Indices division made the announcement after yesterday's close, reporting that along with LendingTree, Harmony Biosciences would officially become an S&P 600 constituent before this coming Friday's opening bell rings.

Image source: Getty Images.

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Source Fool.com

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