Russell Microcap Index to add consumer discretionary names GoPro, Chegg, Dave & Buster’s
Seeking Alpha ·
FTSE Russell has released a preliminary list of companies set to join or leave the Russell Microcap Index. This year’s reconstitution changes will take place after US equity markets close on Friday, June 26. The following consumer discretionary companies are slated to
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FTSE Russell is set to add several consumer discretionary companies, including GoPro, Chegg, and Dave & Buster's, to the Russell Microcap Index as part of its annual reconstitution. These changes will take effect after the US equity markets close on June 26.
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- Consumer Discretionary — Companies like GoPro, Chegg, and Dave & Buster's are being added to the Russell Microcap Index, which is expected to attract buying from index-tracking funds, boosting their stock prices and liquidity.
- Micro-cap Stocks — The inclusion of new companies in the Russell Microcap Index is likely to increase investor interest and capital inflow into the micro-cap market segment, stimulating overall activity.
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