SES AI Corporation Set To Join Russell 3000 Index
Portfolio Pulse from Happy Mohamed
SES AI Corporation (NYSE:SES), a global leader in lithium-metal rechargeable batteries, is set to join the Russell 3000 Index after the conclusion of the 2023 annual reconstitution on June 26. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
May 25, 2023 | 12:18 pm
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SES AI Corporation is set to join the Russell 3000 Index, which may increase its visibility among investment managers and institutional investors.
Joining the Russell 3000 Index increases the visibility of SES AI Corporation among investment managers and institutional investors, who use the index for funds and as benchmarks for active investment strategies. This may lead to increased demand for the stock, positively impacting its short-term price.
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