Additions and Removals
Recently added to the Russell 2000 index, this company used their AI chatbot, "Lilly," to open their Q3 '24 earnings report statements.
What is Duolingo (DUOL)?
The Russell 2000 Index is rebalanced on this day each year.
What is the fourth Friday of June?
Democratic nominee Walter Mondale lost in the presidential election to Ronald Reagan during the same year The Russell 2000 index was launched.
What is 1984?
This United States government agency is responsible for enforcing federal securities laws, proposing securities rules, and regulating the securities industry, including the stock market.
What is the Securities and Exchange Commission (SEC)?
Founded in Chandler, Arizona in 2002 by the Boney Family, this Russell 2000 company reported the most employees on its payroll.
What is Sprouts Farmers Market (SFM)?
Of the 12 IPOs that were added to the Russell 2000 index, 8 companies make up this sector.
What is the healthcare sector?
At the time of the 2024 Reconstitution, the smallest company in the Russell 2000 index had a market capitalization of $150.4 mm.
What is Richardson Electronics, Ltd. (RELL)?
Starting out as a small brokerage firm in Tacoma Washington, this company established the widely benchmarked Russell 1000, 2000 and 3000 indices and is currently owned by the London Stock Exchange.
What is The Frank Russell Company?
Established by the Dodd-Frank Act in 2010, this SEC program incentivizes individuals to report potential SEC violations.
What is the SEC Whistleblower Program?
These top three sectors in the Russell 2000 make up roughly 50% of the index.
What are Industrials, Health Care and the Financials sectors?
Promoted to the Russell 2000 Index in 2024, this solar energy IPO closed on a deal to develop a 44 Mega Watt solar farm deal in Georgia next year.
What is Solarmax Technology, Inc. (SMXT)?
Current Stock Price x Number of Outstanding Shares produces this key metric used to evaluate companies listed in the Russell Indices.
What is Market Capitalization?
With a market cap of $1.8bn and a stock price of 12 cents per share at the time, this former Russell 2000 small cap tech firm debuted their popular computer model during Super Bowl XVIII.
What is Apple (AAPL)?
This SEC rule enforces mandates ensuring index values remain reliable benchmarks for investors.
What is Anti-Manipulation?
Russell 2000 (1 quarter lag) + 200 bps.
What is PSPRS' benchmark for private equity, venture, real estate and real assets?
The popular company that inspired the film "Dumb Money" was promoted from the Russell 2000 to the Russell 1000 index in 2021.
What is Gamestop Corp. (GME)?
At the time of the 2024 reconstitution, this Ohio based industrials company reported a market cap of $7.1bn establishing itself as the Russell 2000 Index's largest listing.
What is Applied Industrial Technology, Inc (AIT)?
In this year, The Russell 2000 Index experienced significant volatility during a major stock market crash, also known as 'Black Monday.'
What is 1987?
Removed from all major US indices in 2001 including the Russell 3000, this former energy giant based out of Houston, Texas was accused of fraud, market manipulation, labor violations, and more.
What is Enron Corporation (ENE)?
The Russell 2000 makes up 7.4% of the total market capitalization rate of this Russell Index.
What is the Russell 3000 Index?
An IT company that specializes in chip production, rivaling against the likes of TSMC, was recently delisted from the Russell 2000 index.
What is Super Micro Computer, Inc. (SMCI)?
Of the 169 companies that departed the Russell 2000 Index in 2024, this number of companies were promoted to the Russell 1000 Index.
What is 27?
In this year, the Russell 2000 Index achieved its highest annual return of the 1980's, with a gain of over 30%.
What is 1985?
This SEC regulation requires companies in the Russell 2000 to maintain accurate books and records.
This Tempe, Arizona based company closed June 2024 with a market cap of $26bn allowing it to cross from the Russell 2000 and into the Russell 1000 index.
What is Carvana Co. (CVNA)?