WELL Health Technologies Corp T.WELL

Alternate Symbol(s): WHTCF | T.WELL.DB

Healthcare

WELL Health Technologies Corp. is a practitioner-focused digital healthcare company. The Company develops technologies, services, and support available, which ensures healthcare providers are empowered to positively impact patient outcomes. Its business units include Canadian Patient Services, WELL Health USA Patient Services and SaaS and Technology Services. WELL Health USA Patient and Provider Services includes Primary Circle Medical, Primary WISP, Specialized CRH Medical, and Specialized Provider Staffing. Its healthcare and digital platform includes front and back-office management software applications that help physicians run and secure their practices. Its focused markets include the gastrointestinal market, women's health, primary care and mental health. Its solutions enable 34,000 healthcare providers between the United States and Canada and power owned and operated healthcare’s in Canada with 165 clinics supporting primary care, specialized care and diagnostic services.

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WELL Health Technologies Corp > WELL deleted from S&P/TSX Comp Index

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Comment by retiredcfon Jun 06, 2022 7:41am

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Post# 34733321

RE:RE:RE:RE:WELL deleted from S&P/TSX Comp Index

Here's the eligibility info. As mentioned, the energy stocks have been on fire so they are now muscling their way onto the index. It's no real reflection on WELL's fundamentals, it's just that healthcare (or in the case of MRE, autos) are weak sectors that are currently out of favour with investors. GLTA

Eligibility Factors
Market Capitalization. To be eligible for inclusion in the S&P/TSX Composite, a security must meet the

following two criteria:

Based on the volume weighted average price (VWAP) of the security on the Toronto Stock Exchange (TSX) over the last 10 trading days prior to the reference date, the security must represent a minimum weight of 0.04% of the index, after including the Quoted Market Value (QMV) of that security in the total float-adjusted market capitalization of the index. If any Index Security has a weight of more than 10% at the reference date, the minimum weight threshold for assessing potential new additions is based on the S&P/TSX Capped Composite.
The security must have a minimum VWAP of C$ 1 over the past three months and over the last 10 trading days prior to the reference date.