Plumas Bancorp Announces It Has Been Included In The Russell 2000 Index
Portfolio Pulse from Happy Mohamed
Plumas Bancorp (NASDAQ:PLBC) has been included in the Russell 2000 Index by FTSE Russell following its annual reconstitution. The inclusion is expected to enhance liquidity in PLBC's stock and broaden its shareholder base.
June 26, 2023 | 3:31 pm
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POSITIVE IMPACT
Plumas Bancorp's inclusion in the Russell 2000 Index is expected to enhance liquidity in its stock and broaden its shareholder base.
Being included in the Russell 2000 Index increases the visibility of Plumas Bancorp among investors, which can lead to increased demand for its stock. This can result in enhanced liquidity and a broader shareholder base, positively impacting the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100