Quantum Computing (QUBT) is set to join the broad-market Russell 3000 Index and the small-cap Russell 2000 Index at the conclusion of the Russell indexes annual reconstitution, effective after the US market opens on June 30, according to a preliminary list of additions posted Friday, May 23. 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 used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Russell US indexes belong to FTSE Russell, wholly owned by London Stock Exchange Group (LNSTY).
Confident Investing Starts Here:
- 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>>
Read More on QUBT:
- Quantum Computing call volume above normal and directionally bullish
- TipRanks’ AI Says Skip QUBT — This Quantum Stock Is the Real Winner
- Unusually active option classes on open May 20th
- Quantum Computing Inc. Shows Strong Q1 2025 Progress
- Quantum Computing Inc. Earnings Call Highlights Progress and Challenges
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue