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Benzinga
Benzinga
Business
Shivani Kumaresan

Poshmark To Join Russell 3000 Index

Russell Posh United States FTSE Russell Nasdaq
  • Poshmark Inc (NASDAQ:POSH) is set to join the broad-market Russell 3000 Index at the conclusion of the 2022 Russell indexes annual reconstitution.
  • The addition will become effective after the U.S. market opens on June 27, according to a preliminary list of additions posted on June 3.
  • Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 6, ranking them by total market capitalization.
  • FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.
  • Price Action: POSH shares are trading lower by 2.01% at $11.68 on the last check Thursday.
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