Public companies in the Philadelphia area added nearly $122 million to their market caps in 2021. Six of those that saw their value increase the most are in Chester County, writes Ryan Mulligan for the Philadelphia Business Journal.
Customers Bank, with several locations in Chester County, ranked in third place with a market cap increase of 269 percent in 2021. The company’s market cap as of Dec. 31 was $2,118,797,184.
Wayne-based Aclaris Therapeutics is next in fourth place with a market cap increase of 221 percent and a market value of $890,245,440.
Ocugen follows in sixth place. The Malvern-based company saw its market cap increase by 206 percent to reach a value of $906,295,744.
CubeSmart, also in Malvern, recorded a market cap increase of 90 percent, putting it at No.13. The company is valued at $12,452,517,888.
Meanwhile, Berwyn-based Triumph Group placed 17th with a market cap increase of 83 percent and a market value of $1,197,248,128.
The list is rounded out with Exton-based West Pharmaceutical Services at No. 20 with a 66 percent market cap increase and a value of $34,744,127,488.
Read more about the biggest market cap increases in the Philadelphia Business Journal.