Applied Optoelectronics To Join Russell 3000 Index, Effective At Open On Jul. 1
Portfolio Pulse from Benzinga Newsdesk
Applied Optoelectronics (AAOI) will join the Russell 3000 Index, effective at the market open on July 1.
June 11, 2024 | 11:07 am
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POSITIVE IMPACT
Applied Optoelectronics (AAOI) will be included in the Russell 3000 Index starting July 1, which could increase its visibility and attract more institutional investors.
Inclusion in the Russell 3000 Index often leads to increased visibility and can attract more institutional investors, which may positively impact the stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100