Re/Max, UniQure and Trinseo Fall to 52-Week Lows on Exit From S&P SmallCap 600
05 Setembro 2023 - 2:59PM
Dow Jones News
By Josh Beckerman
Shares of Re/Max Holdings, uniQure and Trinseo fell to 52-week
lows Tuesday on news that the stocks will be removed from the
S&P SmallCap 600.
Shares of real-estate brokerage franchiser Re/Max were recently
down 12% to $14.51, with a low of $13.62 for the day. The 52-week
high of $24.28 was set Feb. 2.
UniQure was down 12% to $7.69, with a low of $7.40 Tuesday. The
gene therapy company's shares reached a 52-week high of $28.26 on
Nov. 29. On Tuesday, the company said the U.S. Food and Drug
Administration cleared its investigational new drug application for
AMT-260, a gene therapy candidate for refractory mesial temporal
lobe epilepsy.
Shares of Trinseo, whose products include plastics and latex
binders, were recently down 19% to $8.73. The new 52-week low was
$8.04. The 52-week high of $30.54 occurred Feb. 3.
S&P Dow Jones Indices announced a wide range of index
changes that will take effect Sept. 18 to coincide with the
quarterly rebalance. The changes are intended to make each index
more representative of its market capitalization range.
Write to Josh Beckerman at josh.beckerman@wsj.com
(END) Dow Jones Newswires
September 05, 2023 13:44 ET (17:44 GMT)
Copyright (c) 2023 Dow Jones & Company, Inc.
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