Latest news with #Russell3000Index
Yahoo
12-06-2025
- Business
- Yahoo
Northland starts Venu Holding at Outperform, sees ‘attractive growth trajectory'
As previously reported, Northland initiated coverage of Venu Holding (VENU) with an Outperform rating and $15 price target Venu builds live music venues by collaborating and partnering with municipalities, notes the analyst, who believes the company is in the early innings of replicating its success after the successful launch of its flagship Ford Amphitheater. The firm sees an 'attractive growth trajectory' as the company plans to expand to 10 new markets over the next five years and likes the structuring of Venu's financing for new developments, the analyst tells investors. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on VENU: Disclaimer & DisclosureReport an Issue Venu Holding initiated with an Outperform at Northland Venu Holding Partners with Aramark for Exclusive Services Venu Holding announces 'fan-forward' preferred offering with 8% dividend Venu Holding, Aramark Sports + Entertainment enter strategic partnership Venu Holding to join Russell 3000 Index Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
05-06-2025
- Business
- Associated Press
Crexendo Selected for Inclusion in the Russell 2000 and 3000 Indexes
PHOENIX, ARIZONA / ACCESS Newswire / June 5, 2025 / Crexendo, Inc. (Nasdaq:CXDO), an award-winning software technology company and premier provider of cloud communications platform software and unified communications as a service (UCaaS), today announced that it has been selected to be added to the small-cap Russell 2000® Index and the broad-market Russell 3000® Index following the 2025 annual reconstitution of the Russell indexes. This inclusion is based on the preliminary list of additions released by FTSE Russell on May 23, 2025. Final inclusion is subject to review and is expected to take effect after the U.S. markets open on June 27, 2025. Crexendo is currently a member of the Russell Microcap Index. The broad-market Russell 3000 Index includes the largest 3,000 U.S. public companies by market capitalization. The Russell 2000 Index is a subset of the broader Russell 3000 Index limited to small-cap companies. The indexes are reconstituted annually by re-ranking companies based on total market capitalization as of the reconstitution rank date, which was April 30, 2025, this year. Index membership remains in place for one year and results in automatic inclusion in the relevant growth and value style indexes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to FTSE Russell, approximately $10.6 trillion in assets are benchmarked against the Russell U.S. Indexes. 'This important milestone marks another important step in our continued growth and reflects the strong execution of our long-term strategy and is a testament to our commitment to enhancing shareholder value,' said Jeff Korn, Chairman and CEO of Crexendo. 'We believe inclusion in the Russell indexes will enhance our visibility in the investment community and broaden institutional awareness. It also validates the rapid growth of our platform that now supports over 6 million users and ranks us as the fastest growing UCaaS platform provider in North America according to Frost & Sullivan.' For more information about the Russell indexes and the annual reconstitution process, please visit the 'Russell Reconstitution' section on the FTSE Russell website. About Crexendo® Crexendo, Inc. is an award-winning software technology company that is a premier provider of cloud communication platform software and unified communications as a service (UCaaS) offerings, including voice, video, contact center, and managed IT services tailored to businesses of all sizes. Our cloud communications software solutions currently support over six million end users globally, through an extensive network of over 235 cloud communication platform software subscribers and our direct retail offering. For more information, visit Safe Harbor Statement This press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are typically identified by words such as 'believe,' 'expect,' 'anticipate,' 'estimate,' and similar expressions. These statements reflect current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Forward-looking statements include, but are not limited to Crexendo (i) believing this milestone marks another important step in its continued growth and reflects the strong execution of its long-term strategy; (ii) believing the inclusion is a testament to its commitment to enhancing shareholder value; believing inclusion in the Russell indexes will enhance visibility in the investment community and broaden institutional awareness; (iii) believing that the inclusion validates the rapid growth of its platform that now supports over 6 million users and ranks us as the fastest growing UCaaS platform provider. For a more detailed discussion of the risks that may impact Crexendo's operations and financial results, please refer to the Company's Annual Report on Form 10-K for the year ended December 31, 2024, and its Quarterly Reports on Form 10-Q, filed with the Securities and Exchange Commission. The Company undertakes no obligation to update forward-looking statements, except as required by law. Investor Contact: Doug Gaylor President and Chief Operating Officer [email protected] 602-732-7990 SOURCE: Crexendo, Inc. press release
Yahoo
04-06-2025
- Business
- Yahoo
Flotek added to Russell 3000 Index
Flotek (FTK) will be added as a member of the broad-market Russell 3000 Index, effective after the US market opens on June 30, as part of the 2025 Russell indexes reconstitution. The annual reconstitution of the Russell US indexes captures the 4,000 largest US stocks as of April 30th, ranking them by total market capitalization. Membership in the Russell 3000 Index, which remains in place for one year, means automatic inclusion in either the large-cap Russell 1000 Index or the small-cap Russell 2000 Index as well as the applicable Russell growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily based upon objective, market-capitalization rankings and style attributes. About $10.6T in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, a London Stock Exchange (LNSTY) company. Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on FTK: Disclaimer & DisclosureReport an Issue Flotek rises 11.5% Flotek Holds Annual Shareholders' Meeting with Key Decisions Flotek Industries Reports Strong Q1 2025 Growth Flotek Industries Reports Record Growth Amid Cautious Optimism Flotek rises 33.5% Sign in to access your portfolio
Yahoo
03-06-2025
- Business
- Yahoo
Palladyne AI to join Russell 3000, Russell 2000 Index
Palladyne AI (PDYN) announced that it has been added as a member of the broad-market Russell 3000 Index, effective after the U.S. market opens on June 30, 2025, as part of the 2025 Russell indexes reconstitution. 'We are extremely proud to be included in the Russell 3000 and 2000 Indexes this year,' said Ben Wolff, President and CEO, Palladyne AI. 'This is an important achievement for Palladyne AI as we expand our business and aim to impact a bigger investor pool, particularly reaching institutional investors.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See Insiders' Hot Stocks on TipRanks >> Read More on PDYN: Disclaimer & DisclosureReport an Issue Palladyne AI Unveils Strategic Vision in New Presentation Palladyne AI Corp options imply 7.7% move in share price post-earnings Palladyne AI Corp options imply 6.1% move in share price post-earnings Palladyne AI Corp options imply 7.9% move in share price post-earnings Palladyne AI Corp options imply 6.0% move in share price post-earnings Fehler beim Abrufen der Daten Melden Sie sich an, um Ihr Portfolio aufzurufen. Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten Fehler beim Abrufen der Daten
Business Wire
02-06-2025
- Business
- Business Wire
Palladyne AI Corp. to Join Russell 3000® and Russell 2000® Index
SALT LAKE CITY--(BUSINESS WIRE)-- Palladyne AI Corp. (NASDAQ: PDYN and PDYNW) ('Palladyne AI'), a developer of artificial intelligence software for robotic platforms in the defense and commercial sectors, today announced that it has been added as a member of the broad-market Russell 3000 ® Index, effective after the U.S. market opens on June 30, 2025, as part of the 2025 Russell indexes reconstitution. 'We are extremely proud to be included in the Russell 3000 and 2000 Indexes this year,' said Ben Wolff, President and CEO, Palladyne AI. The annual reconstitution of the Russell U.S. indexes captures the 4,000 largest US stocks as of April 30, 2025, ranking them by total market capitalization. Membership in the Russell 3000Index, 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. 'We are extremely proud to be included in the Russell 3000 and 2000 Indexes this year,' said Ben Wolff, President and CEO, Palladyne AI. 'This is an important achievement for Palladyne AI as we expand our business and aim to impact a bigger investor pool, particularly reaching institutional investors.' For more information on the Russell 3000 Index and the Russell indexes reconstitution, visit the 'Russell Reconstitution' section on the FTSE Russell website. For more information on Palladyne AI and its artificial intelligence software for robotic platforms, please visit About Palladyne AI Corp. Palladyne AI Corp. (NASDAQ: PDYN) has developed an advanced artificial intelligence (AI) and machine learning (ML) software platform poised to revolutionize the capabilities of robots, enabling them to observe, learn, reason, and act in a manner akin to human intelligence. Our AI and ML software platform empowers robots to perceive variations or changes in the real-world environment, enabling them to autonomously maneuver and manipulate objects accurately in response. The Palladyne AI software solution operates on the edge and dramatically reduces the significant effort required to program and deploy robots enabling industrial robots and collaborative robots (cobots) to quickly achieve autonomous capabilities even in dynamic and or complex environments. Designed to achieve precise results with minimal training time, limited data sets, and lower power requirements, compared to current state-of-the-art solutions, Palladyne AI believes its software has wide application, including in industries such as automotive, aviation, construction, defense, general manufacturing, infrastructure inspection, logistics and warehousing. Its applicability extends beyond traditional robotics to include Unmanned Aerial Vehicles (UAVs), Unmanned Ground Vehicles (UGVs), and Remotely Operated Vehicles (ROVs). Palladyne AI's approach is expected to elevate the return on investment associated with a diverse range of machines that are fixed, fly, float, or roll. By enabling autonomy, reducing programming complexity, and enhancing efficiency, Palladyne AI is paving the way for a future where machines can excel in tasks that were once considered beyond their reach.
