Zura Bio to Join the Russell 2000 and Russell 3000 Indexes
Portfolio Pulse from Benzinga Newsdesk
Zura Bio Limited (ZURA) will be added to the Russell 2000 and Russell 3000 Indexes at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023.
June 23, 2023 | 10:32 am
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Zura Bio's inclusion in the Russell 2000 and Russell 3000 Indexes may lead to increased visibility and demand for its stock.
Inclusion in the Russell 2000 and Russell 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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