On Wednesday, UiPath (PATH.US) rose nearly 7% in pre-market trading, reaching $17.02. The surge follows an announcement by S&P Dow Jones Indices after Tuesday's market close that the automation company will replace Synovus Financial Corp (SNV.US) in the S&P MidCap 400 Index. The change will take effect before the market opens on January 2, 2026. This adjustment comes as Synovus is set to be acquired by Pinnacle Financial Partners, with the deal expected to close shortly.
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