Orchestra BioMed Set To Join Russell 3000 And other FTSE Russell Indexes
Portfolio Pulse from Happy Mohamed
Orchestra BioMed Holdings (NASDAQ: OBIO) is set to join the Russell 3000, Russell 2000, and Russell Microcap indexes after the 2023 annual reconstitution, effective June 26, 2023.
June 26, 2023 | 12:12 pm
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POSITIVE IMPACT
Orchestra BioMed's inclusion in the Russell 3000, Russell 2000, and Russell Microcap indexes may lead to increased visibility and potential investment.
Inclusion in the Russell indexes increases a company's visibility among investors and can lead to increased investment, as these indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
CONFIDENCE 90
IMPORTANCE 75
RELEVANCE 100