Canoo Joins Russell 3000, Russell 2000 and Russell Microcap Indexes
Portfolio Pulse from Benzinga Newsdesk
Canoo Inc. (NASDAQ:GOEV) has officially joined the Russell 3000, Russell 2000, and Russell Microcap Indexes following the 2024 Russell US Indexes annual reconstitution, effective today.
July 01, 2024 | 11:07 am
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Canoo Inc. (NASDAQ:GOEV) has been added to the Russell 3000, Russell 2000, and Russell Microcap Indexes, which could increase its visibility and attract more institutional investors.
Inclusion in these indexes can lead to increased visibility and potentially higher demand for the stock as index funds and institutional investors adjust their portfolios to include GOEV.
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