CervoMed Announces Addition To Russell 2000 And Russell 3000 Indexes
Portfolio Pulse from Benzinga Newsdesk
CervoMed Inc. (NASDAQ:CRVO) will be added to the Russell 2000 and Russell 3000 Indexes effective July 1, 2024, as part of the annual reconstitution of the Russell U.S. Indexes.
June 24, 2024 | 12:03 pm
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CervoMed Inc. (NASDAQ:CRVO) will be added to the Russell 2000 and Russell 3000 Indexes effective July 1, 2024. This inclusion is likely to increase the stock's visibility and attract more institutional investors.
Inclusion in major indexes like the Russell 2000 and Russell 3000 typically leads to increased visibility and can attract institutional investors, which may positively impact the stock price in the short term.
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