Reported 5 months ago
The Russell 1000 Index is set to welcome 38 new members, including companies like Super Micro Computer, MicroStrategy, and Carvana, transitioning from the Russell 2000 Index. The Technology sector gains seven new entries, while Consumer Discretionary and Energy sectors see five additions each. Notably, three recent IPOs will join the Russell 1000 Index directly, with various other sectors represented. Additionally, 30 companies will move from the Russell 1000 Index to the Russell 2000 Index, reflecting significant changes in sector representation within the indices.
Source: YAHOO