Crescent Energy Stock Jumps on Addition to S&P SmallCap

Dow Jones

2024/10/02

By Dean Seal

Shares of Crescent Energy rose after the Houston-based energy company was tapped to join the S&P SmallCap 600 this week.

The stock was up 10% at $12.31 in early trading. Shares are still down 7% on the year.

S&P Dow Jones Indices said after the bell on Tuesday that Crescent Energy would replace Perficient in the small-cap range index on Friday, now that Perficient is being acquired by Swedish private-equity firm EQT.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

October 02, 2024 11:27 ET (15:27 GMT)

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