FTSE Russell

Ranger Energy Services to Join the Russell 3000® Index

Retrieved on: 
Monday, June 26, 2023

Ranger Energy Services, Inc. (“Ranger” or the “Company”) (NYSE: RNGR), a leading provider of well service rigs and associated services to the oil and gas industry, today announced that it has been selected to join the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, 2023.

Key Points: 
  • Ranger Energy Services, Inc. (“Ranger” or the “Company”) (NYSE: RNGR), a leading provider of well service rigs and associated services to the oil and gas industry, today announced that it has been selected to join the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, 2023.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
  • “Ranger is honored to join the Russell 3000® Index,” stated Stuart Bodden, Ranger's Chief Executive Officer.
  • Joining the index will amplify our visibility, attracting new investors and fueling future growth opportunities.”
    For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .

XOMA Added to the Russell 2000® and Russell 3000® Indexes

Retrieved on: 
Friday, June 23, 2023

EMERYVILLE, Calif., June 23, 2023 (GLOBE NEWSWIRE) -- XOMA Corporation (NASDAQ: XOMA), the biotech royalty aggregator, announced it has been added to the Russell 2000® and Russell 3000® Indexes following its annual reconstitution, which took effect after the U.S. markets close on June 23, 2023.

Key Points: 
  • EMERYVILLE, Calif., June 23, 2023 (GLOBE NEWSWIRE) -- XOMA Corporation (NASDAQ: XOMA), the biotech royalty aggregator, announced it has been added to the Russell 2000® and Russell 3000® Indexes following its annual reconstitution, which took effect after the U.S. markets close on June 23, 2023.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.
  • Each year, the Russell indexes are reconstituted to capture the 4,000 largest US stocks, ranking them by total market capitalization.
  • Inclusion in the Russell 2000® Index results in automatic inclusion in the appropriate growth and value style indexes.

Nasdaq Closing Cross Calculates Russell US Indexes Reconstitution for 20th Consecutive Year

Retrieved on: 
Friday, June 23, 2023

NEW YORK, June 23, 2023 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today announced the Nasdaq Closing Cross was used for the 20th consecutive year to rebalance Nasdaq-listed securities in the entire family of Russell US Indexes, part of leading global index provider FTSE Russell, during its annual reconstitution .

Key Points: 
  • NEW YORK, June 23, 2023 (GLOBE NEWSWIRE) -- Nasdaq, Inc. (Nasdaq: NDAQ) today announced the Nasdaq Closing Cross was used for the 20th consecutive year to rebalance Nasdaq-listed securities in the entire family of Russell US Indexes, part of leading global index provider FTSE Russell, during its annual reconstitution .
  • Approximately 2.55 billion shares representing $61.7 billion were executed in the Nasdaq Closing Cross in 0.86 seconds across Nasdaq-listed securities.
  • “Today represents twenty years of partnership between Nasdaq and FTSE Russell in the annual Russell Rebalance,” said Kevin Kennedy, Executive Vice President of North American Trading Services at Nasdaq.
  • "We're proud to commemorate the 35th annual Russell Reconstitution," said Arne Staal, CEO of FTSE Russell.

Bright Green Announces it has been added to the Russell 3000® Index following the Annual Reconstitution

Retrieved on: 
Friday, June 23, 2023

GRANTS, N.M., June 23, 2023 (GLOBE NEWSWIRE) -- Bright Green Corporation (Nasdaq: BGXX) (“Bright Green” or “the Company”), one of the few companies selected by the U.S. government to grow, manufacture, and sell, legally under federal and state laws, cannabis and cannabis-related products for research, pharmaceutical applications and affiliated export, today announced that it is set to join the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023.

Key Points: 
  • The annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 2023, 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.
  • For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .

BioVie Set to Join the Russell 2000® and Russell 3000® Indexes

Retrieved on: 
Friday, June 23, 2023

Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index.

Key Points: 
  • Membership in the Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index.
  • The Russell 3000® Index serves as the U.S. component to the Russell Global Index, and the Russell 2000® Index is a subset of the smallest 2,000 components of the Russell 3000® Index.
  • Russell indexes are part of FTSE Russell, a leading global index provider.
  • For more information on the Russell 2000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .

scPharmaceuticals Inc. Announces Addition to Russell 2000® and Russell 3000® Indexes

Retrieved on: 
Friday, June 23, 2023

The annual Russell indexes reconstitution captures the 3,000 largest US stocks as of April 28, 2023, ranking them by total market capitalization.

Key Points: 
  • The annual Russell indexes reconstitution captures the 3,000 largest US stocks as of April 28, 2023, ranking them by total market capitalization.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market capitalization rankings and style attributes.
  • 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 .

Aldeyra Therapeutics to Join the Russell 2000® and Russell 3000® Indexes

Retrieved on: 
Friday, June 23, 2023

Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28 2023, ranking them by total market capitalization, including both the Russell 3000® and Russell Microcap® Indexes.

Key Points: 
  • Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28 2023, ranking them by total market capitalization, including both the Russell 3000® and Russell Microcap® 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.
  • Russell indexes are part of FTSE Russell, a leading global index provider.

Braze Set to Join Russell 3000® Index

Retrieved on: 
Friday, June 23, 2023

Membership in the U.S. 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 U.S. 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.
  • “We are excited to be included in the internationally recognized Russell 3000 Index,” said Isabelle Winkles, Chief Financial Officer for Braze.
  • 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 .

Verde Clean Fuels, Inc. Set To Join Russell 3000® Index

Retrieved on: 
Friday, June 23, 2023

Verde Clean Fuels, Inc. (NASDAQ: VGAS) (the “Company” or “Verde”) is set to join the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023, according to a preliminary list of additions posted by FTSE Russell.

Key Points: 
  • Verde Clean Fuels, Inc. (NASDAQ: VGAS) (the “Company” or “Verde”) is set to join the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023, according to a preliminary list of additions posted by FTSE Russell.
  • 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.
  • 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 .

Zura Bio to Join the Russell 2000® and Russell 3000® Indexes

Retrieved on: 
Friday, June 23, 2023

Zura Bio Limited (Nasdaq: “ZURA”) (“Zura Bio” or the “Company”), a multi-asset clinical-stage biotechnology company focused on developing novel medicines for immune and inflammatory disorders, today announced it will be added to the Russell 2000® and Russell 3000® Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023.

Key Points: 
  • Zura Bio Limited (Nasdaq: “ZURA”) (“Zura Bio” or the “Company”), a multi-asset clinical-stage biotechnology company focused on developing novel medicines for immune and inflammatory disorders, today announced it will be added to the Russell 2000® and Russell 3000® Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023.
  • Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 2023 ranking them by total market capitalization.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
  • Russell indexes are part of FTSE Russell, a leading global index provider.