Enact Holdings (ACT) Soars 4.41% on S&P SmallCap 600 Inclusion

Enact Holdings (ACT) surged 4.41% today, marking its second consecutive day of gains, with a total increase of 9.18% over the past two days. The share price reached its highest level since October 2024, with an intraday gain of 9.29%.

Enact Holdings Inc. is set to join the S&P SmallCap 600 index, replacing SolarWinds Corp. This inclusion is expected to enhance the company's visibility and attract additional investment from index-tracking funds, potentially driving up the stock price. The move is anticipated to bring more attention to Enact Holdings, which could lead to increased trading activity and investor interest.

Additionally, Enact Holdings has scheduled the release of its first quarter 2025 earnings on April 30, 2025, followed by a conference call on May 1, 2025. This upcoming event is likely to generate investor anticipation and influence stock movements as stakeholders await detailed financial results and management insights. The earnings report and conference call will provide valuable information about the company's performance and future outlook, which could impact investor sentiment and stock price.