THG will begin its first full day of trading on the FTSE 250 Index today (March 24th).
Inclusion follows formal confirmation from FTSE Russell and is seen as a crucial step in raising the company鈥檚 visibility.
The move follows the demerger from and is seen as crucial as it opens up the company鈥檚 stock to index investors as well as active mid cap investors.
Today represents THG鈥檚 first full day on the FTSE 250 Index and will provide a better indicator of investor sentiment.
THG has been added to the FTSE 250 Index alongside Hiscox and Atalaya Mining Cooper.
The online retailer鈥檚 share price dropped in early Monday trading聽 below 35p as analysts watch on to see if it鈥檚 impacted by the uncertain global geo-economic climate.
The US stock market has plummeted in recent weeks following President Donald Trump鈥檚 policy of tariffs.
In the UK all eyes are on Chancellor Rachel Reeves鈥� Spring Statement on Wednesday.
Speaking earlier this month THG鈥檚 CEO and co-founder Matt Moulding said inclusion in the FTSE 250 marked an 鈥榠mportant moment in THG鈥檚 evolution鈥� following the demerger of THG Ingenuity.
One industry analyst told 老九品茶Cloud: 鈥淭he market will be watching THG鈥檚 performance over the next quarter as mid cap active fund managers assess the company.鈥�
It鈥檚 thought THG had been working on inclusion into the FTSE 250 Index for the best part of 12 months.
THG is a global e-Commerce group headquartered in Manchester, operating through two聽leading consumer businesses: THG Beauty and THG Nutrition.
THG Beauty operates prominent online聽platforms including Lookfantastic, Dermstore and Cult Beauty.
Last month a positive 33-page report by respected analysts Jefferies concluded: 鈥淭he attractions of the THG equity story should become increasingly apparent.鈥�
Jefferies is one of the world鈥檚 leading full-service investment banking and capital markets firms and the positive sentiment has been largely driven by the demerger of THG Ingenuity from the profitable THG Beauty and THG Nutrition.
The analysts have set a price target of 75p per share. On the upside, Jefferies predict THG鈥檚 share price could rise to 135p.
The projections are still well down on the 500p IPO share in 2020.