Pegasystems in the Pivotal Point Check: After Strong Q1 Figures, S&P MidCap 400 Inclusion Sparks Further Price Surge!
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Pegasystems replaces Nordstrom in the S&P MidCap 400 index. Pega Cloud grows by 23% to $701 million in Q1. Cloud growth underscores the strategic shift to a recurring subscription model. On May 20, 2025, Pegasystems’ stock rose by almost 5% on high volume after it was announced that the company would be added to the S&P MidCap 400 index. Pegasystems will take Nordstrom’s place before the market opens on May 22. Inclusion in a major index like the S&P MidCap 400 is a positive development. ETFs and index funds are...
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