Russell Indexes

Presto Announces FY2023 Financial Results, Increased Ownership Commitment from a Major Existing Shareholder, Extended Shareholder Lock-ups, and a new Interim CFO

Retrieved on: 
Mardi, octobre 10, 2023

We are pleased that one of our major existing shareholders and existing lender have offered their continued support to us on this journey,” Mr. Casanova added.

Key Points: 
  • We are pleased that one of our major existing shareholders and existing lender have offered their continued support to us on this journey,” Mr. Casanova added.
  • Presto today announced the financial results for its Full Year ended June 30, 2023, which were in line with guidance, and financial results for its Fiscal Fourth Quarter 2023.
  • The financing for its increased ownership is expected to close on or around October 16, 2023, subject to customary closing conditions.
  • After leading the Company as interim Chief Financial Officer, Stanley Mbugua will return to his role as Chief Accounting Officer.

Wave Life Sciences Reports Second Quarter 2023 Financial Results and Provides Business Update

Retrieved on: 
Jeudi, août 3, 2023

ET today

Key Points: 
  • ET today
    CAMBRIDGE, Mass., Aug. 03, 2023 (GLOBE NEWSWIRE) -- Wave Life Sciences Ltd. (Nasdaq: WVE), a clinical-stage RNA medicines company committed to delivering life-changing treatments for people battling devastating diseases, today announced financial results for the second quarter ended June 30, 2023, and provided a business update.
  • “In the second quarter, we continued to rapidly advance our pipeline of RNA medicines towards meaningful inflection points.
  • Revenue recognized under the GSK and Takeda collaborations in the second quarter of 2023 was $22.1 million.
  • ET to review second quarter 2023 financial results and pipeline updates.

CECO ENVIRONMENTAL ANNOUNCES INCLUSION IN RUSSELL 2000 INDEX

Retrieved on: 
Mercredi, juillet 5, 2023

"It's an honor to be added to the Russell index which validates the potential we believe investors see in CECO Environmental as we entered 2023 with record backlog and strong momentum executing our growth model," said Todd Gleason, CEO of CECO Environmental.

Key Points: 
  • "It's an honor to be added to the Russell index which validates the potential we believe investors see in CECO Environmental as we entered 2023 with record backlog and strong momentum executing our growth model," said Todd Gleason, CEO of CECO Environmental.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • Russell indexes are part of FTSE Russell, a leading global index provider.

PrimeEnergy Resources Corporation joins the Russell 2000® Index

Retrieved on: 
Vendredi, juin 30, 2023

PrimeEnergy Resources Corporation (NASDAQ: PNRG) ("PrimeEnergy" or "Company") announced today that the Company was added to the broad-market Russell 2000 Index at the conclusion of the 2023 Russell Indexes annual reconstitution, effective at the US market opening on June 26, 2023.

Key Points: 
  • PrimeEnergy Resources Corporation (NASDAQ: PNRG) ("PrimeEnergy" or "Company") announced today that the Company was added to the broad-market Russell 2000 Index at the conclusion of the 2023 Russell Indexes annual reconstitution, effective at the US market opening on June 26, 2023.
  • "We are pleased to have earned our inclusion in the Russell 2000® Index, one of the most widely cited performance benchmarks for U.S. small-cap companies," said Beverly Cummings, Vice President and CFO of PrimeEnergy.
  • "This is an important event for PrimeEnergy as we continue to execute the development of our acreage position in the Permian Basin and Oklahoma."
  • During the second quarter of 2023, the Company added the first production from 18 wells completed in 2023 and currently has 7 additional wells in various stages of completion activities with ConocoPhillips Corporation and Apache Corporation.

HashiCorp joins Russell 3000® Index

Retrieved on: 
Jeudi, juin 29, 2023

The annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of April 28, ranking them by total market capitalization, including both the Russell 3000® and Russell Microcap® Indexes.

Key Points: 
  • The annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of April 28, ranking them by total market capitalization, including both the Russell 3000® and Russell Microcap® Indexes.
  • “This is a meaningful milestone for HashiCorp because the Russell Indexes serve as leading benchmarks for institutional investors.
  • Russell indexes are part of FTSE Russell, a leading global index provider.
  • For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .

Ocean Biomedical, Inc. Joins the Russell 2000® Index

Retrieved on: 
Mardi, juin 27, 2023

Providence, RI, June 27, 2023 (GLOBE NEWSWIRE) -- Ocean Biomedical, Inc. (NASDAQ: OCEA) announced today that as part of the annual reconstitution of the Russell stock indexes, the Company has been included in the Russell 2000® Index and the broad-market Russell 3000® Index, which became effective on Monday, June 26, 2023.

Key Points: 
  • Ocean Biomedical’s Inclusion in the Russell 2000® Index and Russell 3000® Index Builds Momentum for Cutting Edge Therapeutic Programs Targeting Multiple Cancers, Fibrotic Diseases, and Malaria
    Providence, RI, June 27, 2023 (GLOBE NEWSWIRE) -- Ocean Biomedical, Inc. (NASDAQ: OCEA ) announced today that as part of the annual reconstitution of the Russell stock indexes, the Company has been included in the Russell 2000® Index and the broad-market Russell 3000® Index, which became effective on Monday, June 26, 2023.
  • “We are thrilled to announce our inclusion in the esteemed Russell 2000® Index, a renowned benchmark for small-cap stocks,” exclaimed Elizabeth Ng, CEO of Ocean Biomedical.
  • Membership in the Russell 3000® Index means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index, as well as in the appropriate growth and value style indexes.
  • For more information on the Russell 2000® Index and the Russell U.S. Indexes Reconstitution, visit the “Russell Reconstitution” section on the FTSE Russell website .

CoreCard Corporation Joins Russell 3000® Index

Retrieved on: 
Mardi, juin 27, 2023

With our inclusion in the Russell 3000® Index, we look forward to increased exposure to the investment community and other key stakeholders in our story,” said Leland Strange, CEO of CoreCard.

Key Points: 
  • With our inclusion in the Russell 3000® Index, we look forward to increased exposure to the investment community and other key stakeholders in our story,” said Leland Strange, CEO of CoreCard.
  • Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

Lincoln Educational Services Added to Russell 3000® Index

Retrieved on: 
Lundi, juin 26, 2023

Parsippany, NJ, June 26, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), a leading provider of specialized technical training, including automotive technology, the skilled trades, healthcare, IT, culinary, and cosmetology, announces that it has been added to the broad-market Russell 3000® Index, effective today after the US markets open, as part of the 2023 Russell Indexes reconstitution

Key Points: 
  • Parsippany, NJ, June 26, 2023 (GLOBE NEWSWIRE) -- Lincoln Educational Services Corporation (Nasdaq: LINC), a leading provider of specialized technical training, including automotive technology, the skilled trades, healthcare, IT, culinary, and cosmetology, announces that it has been added to the broad-market Russell 3000® Index, effective today after the US markets open, as part of the 2023 Russell Indexes reconstitution
    “We are pleased that Lincoln Educational Services was added to the Russell 3000 Index, which I believe is a recognition of the business momentum we have generated and our ability to achieve the key operating objectives we have established,” commented Scott Shaw, Lincoln Tech’s President and Chief Executive Officer.
  • The Russell 3000 Index encompasses the 3,000 largest U.S.-traded stocks by objective, market-capitalization rankings, and style attributes.
  • The Russell Indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • Russell Indexes are part of FTSE Russell, a leading global index provider.

Forge Global Added to U.S. Small-Cap Russell 2000® Index

Retrieved on: 
Lundi, juin 26, 2023

Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced that it has been added as a member of the U.S. Small-Cap Russell 2000® Index (the “Russell 2000® Index”), as part of the 2023 Russell U.S. Index’s annual reconstitution.

Key Points: 
  • Forge Global Holdings, Inc. (“Forge,” or the “Company”) (NYSE: FRGE), a leading private securities marketplace, today announced that it has been added as a member of the U.S. Small-Cap Russell 2000® Index (the “Russell 2000® Index”), as part of the 2023 Russell U.S. Index’s annual reconstitution.
  • Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index.
  • "Forge's inclusion in the Russell 2000® Index is particularly timely as we continue to drive value to institutional investors, including through our first index – the Forge Private Market Index," said Kelly Rodriques, CEO of Forge.
  • For more information on the Russell 2000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .

Eyenovia Announces Addition to Russell 2000® and Russell 3000® Indexes

Retrieved on: 
Lundi, juin 26, 2023

Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, ranking them by total market capitalization.

Key Points: 
  • Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, ranking them by total market capitalization.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market capitalization rankings and style attributes.
  • “Our addition into the widely followed Russell Indexes is another important milestone reflecting the significant progress we have made in advancing our ophthalmic delivery platform,” stated Michael Rowe, chief executive officer of Eyenovia.
  • For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .