FTSE Russell

Wave Life Sciences Joins the Russell 2000® and Russell 3000® Indexes

Retrieved on: 
Monday, June 26, 2023
Growth, FTSE Russell, Russell, RNA

The Russell 3000® Index is a market capitalization-weighted equity index that tracks the performance of the largest 3,000 U.S. stocks.

Key Points: 
  • The Russell 3000® Index is a market capitalization-weighted equity index that tracks the performance of the largest 3,000 U.S. stocks.
  • The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity market and is a subset of the Russell 3000® Index.
  • Inclusion in the Russell 2000® Index results in automatic inclusion in the appropriate growth and value style indexes.
  • For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.

Reneo Pharmaceuticals Added to Russell 2000® and Russell 3000® Indices

Retrieved on: 
Monday, June 26, 2023
Growth, FTSE Russell, Russell, Patient, Cryptocurrency

Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 2023, ranking them by total market capitalization.

Key Points: 
  • 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.
  • For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .

Zymeworks Set to Join Russell 3000®, Russell 2000®, and Russell Microcap® Indexes

Retrieved on: 
Monday, June 26, 2023
Growth, FTSE Russell, Russell, Cryptocurrency

VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) -- Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company developing novel, multifunctional biotherapeutics, today announced that it is set to join both the Russell 3000®, Russell 2000®, and the Russell Microcap® Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, 2023.

Key Points: 
  • VANCOUVER, British Columbia, June 26, 2023 (GLOBE NEWSWIRE) -- Zymeworks Inc. (Nasdaq: ZYME), a clinical-stage biotechnology company developing novel, multifunctional biotherapeutics, today announced that it is set to join both the Russell 3000®, Russell 2000®, and the Russell Microcap® Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the U.S. market opens on June 26, 2023.
  • The annual reconstitution of the Russell indexes captures the 4,000 largest U.S. 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 widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.

SoundHound AI Joins Russell 2000® and Russell 3000® Indexes

Retrieved on: 
Monday, June 26, 2023
Marketing, Consumer Electronics, Communications, Technology, Software, Artificial Intelligence, Growth, Entrepreneurship, FTSE Russell, SoundHound, Russell, Work, Cryptocurrency, AI

SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, announced today that as part of the 2023 annual reconstitution of the Russell indexes, the company has been selected to be included in the Russell 2000® and broad-market Russell 3000® Indexes effective after the U.S. market closed on June 23, 2023.

Key Points: 
  • SoundHound AI, Inc. (Nasdaq: SOUN), a global leader in voice artificial intelligence, announced today that as part of the 2023 annual reconstitution of the Russell indexes, the company has been selected to be included in the Russell 2000® and broad-market Russell 3000® Indexes effective after the U.S. market closed on June 23, 2023.
  • 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.
  • 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.

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

Retrieved on: 
Monday, June 26, 2023
Finance, Professional Services, Technology, Fintech, Software, FTSE Russell, Russell Indexes, State, Russell, NYSE, Cryptocurrency, Forge

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 .

Iteris to Join the Russell 2000® Index

Retrieved on: 
Monday, June 26, 2023
Fleet Management, Software, Automotive, Data Management, Technology, Logistics, Supply Chain Management, Vehicle Technology, Transport, Growth, FTSE Russell, Russell, Cryptocurrency, Iteris

(NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has joined the Russell 2000® Index.

Key Points: 
  • (NASDAQ: ITI), the world’s trusted technology ecosystem for smart mobility infrastructure management, today announced it has joined the Russell 2000® Index.
  • “We are delighted to be included in the Russell 2000 Index, one of the most widely referenced benchmarks in the U.S. stock market,” said Joe Bergera, president and CEO of Iteris.
  • 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.
  • Russell indexes are part of FTSE Russell, a leading global index provider.

Citius Pharmaceuticals to be Added to Russell 3000® and Russell 2000® Indexes

Retrieved on: 
Monday, June 26, 2023
Growth, FTSE Russell, Russell, Cryptocurrency, Citius, Altius, Fortius

FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.

Key Points: 
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.
  • Membership in the small-cap Russell 2000® Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index.
  • FTSE Russell index expertise and products are used by institutional and retail investors globally and roughly $20.1 trillion is currently benchmarked to its indexes, including approximately $12.1 trillion benchmarked to the Russell US Equity Indexes.
  • For more information on the Russell 2000® Index and the Russell indexes reconstitution, visit the FTSE Russell website .

Corbus Pharmaceuticals Set to Join Russell Microcap® Index

Retrieved on: 
Monday, June 26, 2023
Growth, FTSE Russell, Corbus, Russell

NORWOOD, Mass., June 26, 2023 /PRNewswire/ -- Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) ("Corbus" or the "Company"), a precision oncology company, today announced that the Company is set to join the Russell Microcap® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens today, as part of the 2023 Russell indexes reconstitution.

Key Points: 
  • NORWOOD, Mass., June 26, 2023 /PRNewswire/ -- Corbus Pharmaceuticals Holdings, Inc. (NASDAQ: CRBP) ("Corbus" or the "Company"), a precision oncology company, today announced that the Company is set to join the Russell Microcap® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens today, as part of the 2023 Russell indexes reconstitution.
  • 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 Microcap® Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website .

Aehr Test Systems Joins Russell 3000® Index

Retrieved on: 
Monday, June 26, 2023
Growth, FTSE Russell, AEHR, Cryptocurrency

FREMONT, Calif., June 26, 2023 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and production burn-in equipment, today announced that it has been added to the Russell 3000® Index as part of the 2023 Russell index annual reconstitution, effective after the US stock market opens today.

Key Points: 
  • FREMONT, Calif., June 26, 2023 (GLOBE NEWSWIRE) -- Aehr Test Systems (NASDAQ: AEHR), a worldwide supplier of semiconductor test and production burn-in equipment, today announced that it has been added to the Russell 3000® Index as part of the 2023 Russell index annual reconstitution, effective after the US stock market opens today.
  • Gayn Erickson, President and CEO of Aehr Test Systems, commented, “We are pleased to announce that Aehr Test Systems has been included in the Russell 3000® Index, highlighting the financial and operating growth we have achieved and further enhancing our visibility and reach within the investment community.
  • 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 and the appropriate growth and value style indexes.
  • For more information on the Russell indexes and reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website .

Dragonfly Energy Joins the Russell 2000® Index

Retrieved on: 
Monday, June 26, 2023
Growth, FTSE Russell, Dragonfly, Russell, Family, Cryptocurrency

RENO, Nev., June 26, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today announced it has joined the Russell 2000® Index.

Key Points: 
  • RENO, Nev., June 26, 2023 (GLOBE NEWSWIRE) -- Dragonfly Energy Holdings Corp. (“Dragonfly Energy” or the “Company”) (Nasdaq: DFLI), an industry leader in energy storage and producer of deep cycle lithium-ion storage batteries, today announced it has joined the Russell 2000® Index.
  • 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 2000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website .