Pagaya Technologies To Join Russell 2000 Index And Broad-Market Russell 3000 Index, Effective At Open On Jul. 1
Portfolio Pulse from Benzinga Newsdesk
Pagaya Technologies will join the Russell 2000 Index and the Russell 3000 Index, effective at the market open on July 1.
May 28, 2024 | 12:44 pm
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Pagaya Technologies will be included in the Russell 2000 and Russell 3000 indices starting July 1, which could increase its visibility and attract more institutional investors.
Inclusion in major indices like the Russell 2000 and Russell 3000 often leads to increased visibility and can attract institutional investors who track these indices. This can result in higher demand for the stock, potentially driving up its price in the short term.
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