Dec. 24 at 10:19 AM
🚀
$PATH popping premarket, here’s the catalyst:
UiPath is up ~8% premarket after being added to the S&P MidCap 400, effective Jan 2, 2026.
📈 Index inclusion means forced buying from ETFs like
$MDY and
$IJH, plus more institutional attention.
🔁
$PATH replaces
$SNV following M&A reshuffling — funds tracking the index now must own it.
💻 UiPath is a pure-play automation name, using AI bots to replace repetitive enterprise work.
📊 Shares closed at
$15.96 yesterday and ripped toward
$17+ premarket. YTD +25%.
Not a fundamentals shift — this is index flows + momentum.