FATH shares rose 12% today. Lets find out what's happening:

(FATH) is trading 12% higher at $4.63 today. A few guesses as to why:

1. Fathom Digital Manufacturing is joining the Russell 3000 Index and the Russell 2000 Index.

2. The Russell indexes reconstitution captures the 4,000 largest companies in each index.

3. Fathom Digital Manufacturing is a leading provider of on-demand digital manufacturing services and will be added to two of the most influential indices in the world. This announcement is likely to positively impact its stock price.

Fathom has been trading between a 52-week high of $11.5 and a 52-week low of $3.5. The stock has a market cap of $238 Million.

Fathom is one of the largest on-demand digital manufacturing platforms in North America, serving the comprehensive product development and low- to mid-volume manufacturing needs of the largest and most innovative companies in the world. With more than 25 unique manufacturing processes and a national footprint with nearly 450,000 square feet of manufacturing capacity across 12 facilities, Fathom seamlessly blends in-house capabilities across plastic and metal additive technologies, CNC machining, injection molding & tooling, sheet metal fabrication, and design and engineering. With more than 35 years of industry experience, Fathom is at the forefront of the Industry 4.0 digital manufacturing revolution, serving clients in the technology, defense, aerospace, medical, automotive and IOT sectors.

As you can imagine, the internet had a few things to say about the price move. Here's a few choice comments from the Reddit Traderverse™:

SnooDingos725 - 1 upvotes - source
Put all your money into $FATH

lou_borg - 1 upvotes - source
$Fath super low p/e, primed to rip with volume

Lumpy-Season-1456 - 1 upvotes - source
FATH