Blend To Join Russell 2000 Index On July 1, 2024, As Part Of Annual Reconstitution
Portfolio Pulse from Benzinga Newsdesk
Blend Labs, Inc. (BLND) will join the Russell 2000 Index on July 1, 2024, as part of the annual reconstitution.
June 03, 2024 | 8:15 pm
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Blend Labs, Inc. (BLND) will be added to the Russell 2000 Index on July 1, 2024. This inclusion is part of the annual reconstitution of the index.
Inclusion in the Russell 2000 Index typically leads to increased visibility and potentially higher demand for the stock as index funds and institutional investors adjust their portfolios to include the new constituent. This can positively impact the stock price in the short term.
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