RUSSELL

Airship AI Set to Join Russell 3000®, Russell 2000® and Russell Microcap® Indexes

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화요일, 5월 28, 2024

The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization.

Key Points: 
  • The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization.
  • 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.

Ocugen Set to Join Russell 3000® Index Effective June 28, 2024

Retrieved on: 
화요일, 5월 28, 2024

The newly reconstructed index will take effect after the market closes on June 28, 2024.

Key Points: 
  • The newly reconstructed index will take effect after the market closes on June 28, 2024.
  • 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.

Medallion Financial Corp. Set to Join Russell 3000® Index

Retrieved on: 
화요일, 5월 28, 2024

The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization.

Key Points: 
  • The annual Russell US Indexes reconstitution captures the 4,000 largest US stocks as of Tuesday, April 30th, ranking them by total market capitalization.
  • 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.
  • “Inclusion in the Russell 3000® Index is welcomed recognition of Medallion Financial’s growth and financial performance over the past few years after a successful strategic transformation into a leading consumer and commercial lender,” said Andrew Murstein, President and Chief Operating Officer of Medallion.

Orion Group Holdings Set to Join the Russell 3000® Index

Retrieved on: 
화요일, 5월 28, 2024

Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization.

Key Points: 
  • Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization.
  • 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.
  • “Being included in the Russell Index is an important milestone for Orion and reflects the significant progress we have made transforming the business throughout 2023.
  • Our inclusion in the Russell Index should help expand investor awareness, increase institutional ownership, and provide additional liquidity in our stock,” said Travis Boone, Chief Executive Officer of Orion Group Holdings, Inc. “This milestone was achieved during an exciting time for Orion.

iLearningEngines Expects to Join the Russell 3000® Index

Retrieved on: 
화요일, 5월 28, 2024

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.

Key Points: 
  • 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.
  • “We are pleased to be joining the Russell 3000® Index, an important benchmark for the US stock market,” said Harish Chidambaran, Chief Executive Officer of iLearningEngines.
  • For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .

D-Wave Quantum Set to Join Russell 3000® Index

Retrieved on: 
화요일, 5월 28, 2024

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.

Key Points: 
  • 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, a prominent global index provider, determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.
  • “It’s an honor for D-Wave to join the Russell 3000 Index, an important benchmark for the US stock market,” said Dr. Alan Baratz, CEO of D-Wave.
  • For more information on the Russell 3000® Index and the Russell indexes Reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .

Puma Biotechnology to Join Russell 3000 Index

Retrieved on: 
화요일, 5월 28, 2024

Puma Biotechnology, Inc. (NASDAQ: PBYI), a biopharmaceutical company, is set to join the broad-market Russell 3000® Index at the conclusion of Russell Investments’ annual reconstitution of its comprehensive set of U.S. and global equity indexes on June 28 and effective after U.S. markets open on July 1, according to a preliminary list of additions posted on May 24.

Key Points: 
  • Puma Biotechnology, Inc. (NASDAQ: PBYI), a biopharmaceutical company, is set to join the broad-market Russell 3000® Index at the conclusion of Russell Investments’ annual reconstitution of its comprehensive set of U.S. and global equity indexes on June 28 and effective after U.S. markets open on July 1, according to a preliminary list of additions posted on May 24.
  • “We are very pleased to be included in the widely referenced Russell Indexes,” said Alan H. Auerbach, Chief Executive Officer and President of Puma Biotechnology.
  • Membership in the Russell 3000, 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.
  • The Russell 3000 also serves as the U.S. component to the Russell Global Index.

Spire Global to Join Russell 3000® Index

Retrieved on: 
화요일, 5월 28, 2024

Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, is set to join the broad-market Russell 3000® Index, effective at the open of U.S. equity markets on July 1.

Key Points: 
  • Spire Global, Inc. (NYSE: SPIR) (“Spire” or “the Company”), a global provider of space-based data, analytics and space services, is set to join the broad-market Russell 3000® Index, effective at the open of U.S. equity markets on July 1.
  • Membership in the 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.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • According to the data as of the end of December 2023, about $10.5 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, a prominent global index provider.

AG Mortgage Investment Trust, Inc. Set to Join the Russell 3000® Index

Retrieved on: 
화요일, 5월 28, 2024

A preliminary list of index additions, including MITT, was posted by FTSE Russell on May 24, 2024.

Key Points: 
  • A preliminary list of index additions, including MITT, was posted by FTSE Russell on May 24, 2024.
  • The largest 1,000 stocks indexed in the Russell 3000® Index constitute the Russell 1000® Index, while the Russell 2000® Index is a subset of the smallest 2,000 components of the Russell 3000® Index.
  • The Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “ Russell Reconstitution ” section on the FTSE Russell website.

Pagaya Technologies is Set to Join the Russell 2000® Index

Retrieved on: 
화요일, 5월 28, 2024

Pagaya Technologies Ltd. (“Pagaya”) (NASDAQ: PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, announced today that as part of the annual reconstitution of the Russell stock indexes, Pagaya is set to join the Russell 2000® Index and the broad-market Russell 3000® Index, effective at the open of US equity markets on Monday, July 1st.

Key Points: 
  • Pagaya Technologies Ltd. (“Pagaya”) (NASDAQ: PGY), a global technology company delivering AI-driven product solutions for the financial ecosystem, announced today that as part of the annual reconstitution of the Russell stock indexes, Pagaya is set to join the Russell 2000® Index and the broad-market Russell 3000® Index, effective at the open of US equity markets on Monday, July 1st.
  • A preliminary list of Russell 3000® Index additions, including Pagaya, was posted by FTSE Russell on May 24, 2024.
  • Annual Russell index reconstitution captures coverage of up to 4,000 of the largest US stocks by total market capitalization as of the reconstitution rank date.
  • “We are thrilled to join the Russell 2000® Index, one of the most widely referenced benchmarks in U.S. equity markets,” said Evangelos Perros, CFO of Pagaya.