Spire and several “new space” companies joining the index for the first time highlights exciting sector growth
VIENNA, Va. (Spire Global, Inc. PR) — Spire Global, Inc. (NYSE: SPIR), a leading global provider of space-based data, analytics and space services, has been added as a member of the broad-market Russell 3000® Index, effective after the US market opens on June 27, as part of the 2022 Russell indexes reconstitution. Membership in the Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes.
“We are honored to be included in the Russell 3000,” said Peter Platzer, Spire’s CEO. “This is a milestone event for the company and for our talented team who got us where we are today.”(more…)
BOCA RATON, Fla. (Terran Orbital Corporation PR) — Terran Orbital Corporation (NYSE: LLAP), a global leader in satellite solutions, primarily serving the United States and Allied aerospace and defense industries, today announced that it has been selected to be included in the Russell 3000® Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the U.S. market opens today, Monday, June 27, 2022.
Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 6, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.(more…)