Modular Medical Announces Addition To The Russell Microcap Index, Effective When The Market Opens On July 1, 2024.
Portfolio Pulse from Benzinga Newsdesk
Modular Medical, Inc. (NASDAQ:MODD) will join the Russell Microcap Index on July 1, 2024, following the annual reconstitution of the Russell indexes. This inclusion will last for one year and means automatic inclusion in the appropriate growth and value style indexes.
June 03, 2024 | 12:17 pm
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Modular Medical, Inc. (NASDAQ:MODD) will be added to the Russell Microcap Index on July 1, 2024. This inclusion is likely to increase visibility and attract more investors, potentially boosting the stock price in the short term.
Inclusion in the Russell Microcap Index will increase Modular Medical's visibility among investors and funds that track the index. This could lead to increased demand for the stock, potentially driving up the price in the short term.
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