Galecto Set To Join Russell Microcap Index
Portfolio Pulse from Benzinga Newsdesk
Galecto (GLTO) is set to join the Russell Microcap Index, which could lead to increased visibility and trading volume for the biotech company.
June 20, 2023 | 12:59 pm
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Galecto's inclusion in the Russell Microcap Index may result in increased visibility and trading volume for the company.
Joining the Russell Microcap Index often leads to increased visibility for a company, as it becomes part of a widely tracked index. This can result in higher trading volume and potentially a positive impact on the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 75
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