Despegar Added To The Russell 2000 Index And The Broad-Market Russell 3000 Index
Portfolio Pulse from Benzinga Newsdesk
Despegar.com, Corp. (NYSE:DESP) has been added to the Russell 2000 and Russell 3000 indexes as part of the annual reconstitution, effective July 1, 2024.
July 01, 2024 | 12:32 pm
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Despegar.com, Corp. (NYSE:DESP) has been added to the Russell 2000 and Russell 3000 indexes, which could increase its visibility and attract more institutional investors.
Inclusion in the Russell 2000 and Russell 3000 indexes typically leads to increased visibility and can attract more institutional investors, which may positively impact the stock price in the short term.
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