Core Insights - Firefly Aerospace has gained significant visibility by being included in both the Russell 2000 and Russell 3000 indexes, leading to a 16% increase in its stock price on the announcement day [1][2][6] Group 1: Company Overview - Firefly Aerospace became publicly traded in August and was selected as one of 18 companies for the Russell 2000 index, which subsequently led to its inclusion in the broader Russell 3000 index [2][4] - The current market capitalization of Firefly Aerospace is approximately $3.9 billion, with a stock price of $28.60 [5][6] Group 2: Index Information - The Russell 2000 index focuses on small-cap stocks, while the Russell 3000 index includes small-, mid-, and large-cap stocks, providing a comprehensive market overview [4] - Both indexes are widely recognized and utilized by investment managers and institutional investors as benchmarks for investment strategies [6] Group 3: Market Reaction - The announcement of inclusion in the indexes resulted in a notable stock price increase of 16.02%, reflecting positive investor sentiment [1][5] - Despite the initial boost from index inclusion, the long-term value of Firefly's stock will depend on its fundamental business performance rather than just its index visibility [7]