Greenwich LifeSciences to Join Russell 2000 and 3000 Indexes in July
Portfolio Pulse from Benzinga Newsdesk
Greenwich LifeSciences, Inc. (NASDAQ:GLSI) will join the Russell 2000 and 3000 Indexes on July 1, 2024, following the annual reconstitution. This inclusion is expected to increase institutional ownership and reflects the company's progress in its Phase III clinical trial, FLAMINGO-01.
June 26, 2024 | 11:37 am
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Greenwich LifeSciences' inclusion in the Russell 2000 and 3000 Indexes is likely to increase institutional ownership and reflects significant progress in their Phase III clinical trial, FLAMINGO-01.
Inclusion in major indexes like the Russell 2000 and 3000 typically leads to increased visibility and institutional ownership, which can positively impact the stock price. The company's progress in its clinical trial further supports a positive outlook.
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