Harvard Bioscience Set to Join Russell 2000 and 3000 Indexes
Portfolio Pulse from Charles Gross
Harvard Bioscience, Inc. (NASDAQ:HBIO) is set to join the Russell 2000 and Russell 3000 Indexes, according to preliminary membership information. The addition will become effective after the U.S. market opens on June 26, 2023.
June 22, 2023 | 11:57 am
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Harvard Bioscience's inclusion in the Russell 2000 and 3000 Indexes may lead to increased visibility and demand for its stock.
Inclusion in the Russell 2000 and 3000 Indexes often leads to increased visibility and demand for a company's stock, as index funds and ETFs tracking these indexes will need to purchase shares. This can result in a positive short-term impact on the stock price.
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