Index reconstitution

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Neonode Set to Join Russell 2000® Index
Prnewswire· 2025-06-03 13:45
Group 1 - Neonode Inc. will be added to the U.S. small-cap Russell 2000 Index effective June 30, 2025, as part of the 2025 Russell indexes reconstitution [1] - Membership in the Russell 2000 Index is based on inclusion in the broader Russell 3000 Index and will last for one year [1] - Neonode's stock will also be included in the relevant growth and value indexes, which are determined by market-capitalization rankings and style attributes [1][3] Group 2 - The inclusion in the Russell 2000 Index is seen as a significant milestone for Neonode, enhancing its visibility within the investor community [2] - The Russell indexes are widely utilized by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against them as of June 2024 [3] - FTSE Russell plans to transition to a semi-annual reconstitution frequency starting in 2026 to ensure the indexes accurately represent the market [4]
U.S. Gold Corp. set to join Russell 3000® and Russell 2000® Indexes in FTSE Russell's Annual 2025 Reconstitution
Prnewswire· 2025-06-02 12:47
Core Points - U.S. Gold Corp. has been included in the Russell 3000 and Russell 2000 indexes, effective June 30, 2025, following the annual reconstitution of the Russell indexes [1][2] - The Russell 3000 comprises the largest 3,000 U.S. public companies by market capitalization, while the Russell 2000 focuses on small-cap companies [3] - The inclusion in these indexes is seen as a validation of the company's growth momentum and commitment to developing the CK Gold Project in Wyoming [4] Company Overview - U.S. Gold Corp. is a publicly traded company focused on gold and copper exploration and development, with a portfolio that includes the CK Gold Project in Wyoming, the Keystone property in Nevada, and the Challis Gold Project in Idaho [6] - The CK Gold Project has a Preliminary Feasibility Study technical report completed by Samuel Engineering Inc. [6] Industry Context - The Russell indexes are widely utilized by investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against them as of June 2024 [4]
Thumzup Media Corporation to be Included in the Russell Microcap® Index
Prnewswire· 2025-05-27 13:21
Group 1 - Thumzup Media Corporation will be included in the Russell Microcap® Index on June 30, 2025, marking a significant milestone for the company [1][3] - The Russell U.S. Indexes serve as a benchmark for approximately $10.6 trillion in assets as of June 2024, indicating the importance of this inclusion for Thumzup [3][4] - The annual reconstitution of the Russell U.S. Indexes ranks the 4,000 largest U.S. stocks by total market capitalization, with membership in the Russell Microcap® Index lasting for one year [2] Group 2 - Thumzup's recent performance includes both TZUP and BTC reaching all-time highs, which aligns with the company's Bitcoin accumulation strategy [1][3] - The CEO of Thumzup expressed that the inclusion in the Russell Index is expected to drive index-fund driven accumulation and enhance long-term shareholder value [3] - FTSE Russell, which manages the Russell indexes, is transitioning to a semi-annual reconstitution frequency starting in 2026 to better represent the market [4] Group 3 - Thumzup operates in the social media branding and marketing industry, utilizing a platform that allows users to earn cash for promoting advertisers on social media [5] - The Thumzup platform features a programmatic advertiser dashboard and a consumer-facing app, facilitating cash payments to users through digital payment systems [5]
ARMLOGI HOLDING CORP. ADDED TO MEMBERSHIP OF RUSSELL MICROCAP® INDEX
Globenewswire· 2025-05-27 11:30
Company Overview - Armlogi Holding Corp. is a U.S.-based warehousing and logistics service provider specializing in supply-chain solutions related to warehouse management and order fulfillment [8][9] - The company operates over 3.5 million square feet of warehouse space across ten facilities, catering primarily to cross-border e-commerce merchants [9] Industry Positioning - Armlogi has been added to the Russell Microcap® Index, effective June 30, 2025, which signifies its growth and strategic positioning within the U.S. logistics sector [1][3] - Membership in the Russell Microcap® Index enhances visibility among institutional investors and reflects market recognition of Armlogi's expanding footprint in cross-border e-commerce logistics [3] Market Impact - The Russell indexes serve as benchmarks for approximately $10.6 trillion in assets, indicating the significance of Armlogi's inclusion in terms of attracting broader investment interest [3] - FTSE Russell, the index provider, emphasizes the importance of accurately representing the market through its indexes, which adapt to the evolving U.S. economy [4] Future Outlook - The inclusion in the Russell Microcap Index is viewed as a critical step in Armlogi's evolution as a public company, supporting its long-term capital allocation strategies [3] - The transition to a semi-annual reconstitution frequency for Russell indexes starting in 2026 aims to maintain their relevance and accuracy in representing the market [4]