Index Reconstitution
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Lightbridge Set to Join Russell 2000® and 3000® Indexes
Globenewswire· 2025-05-27 15:00
Core Points - Lightbridge Corporation has been added to the Russell 3000® Index and the Russell 2000® Index, effective June 30, 2025, marking a significant milestone for the company [1][3] - The Russell indexes are based on market capitalization rankings and are widely used by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against them as of June 2024 [2][3] Company Overview - Lightbridge Corporation focuses on developing advanced nuclear fuel technology aimed at providing clean energy and enhancing energy security [7] - The company is working on Lightbridge Fuel™, a next-generation nuclear fuel technology that improves reactor safety, economics, and proliferation resistance [7] - Lightbridge has established long-term agreements with Battelle Energy Alliance and has received support from the Department of Energy for its fuel development [8][9] Industry Context - The Russell indexes are recalibrated annually to reflect the largest US stocks, ensuring they accurately represent the market [2][4] - FTSE Russell, the provider of the Russell indexes, is adapting to the evolving US economy and plans to transition to a semi-annual reconstitution frequency starting in 2026 [4]
FTSE Russell releases preliminary 2025 US Indexes Reconstitution list
Proactiveinvestors NA· 2025-05-26 14:30
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The news team covers medium and small-cap markets, as well as blue-chip companies, commodities, and broader investment stories [3] - Proactive's content includes insights across various sectors such as biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] Group 2 - Proactive is committed to adopting technology to enhance workflows and improve content production [4] - The company utilizes automation and software tools, including generative AI, while ensuring all content is edited and authored by humans [5]