Latest news with #Russell2000Index
Yahoo
4 hours ago
- Business
- Yahoo
‘So Bad It's Good': Buying Window Opens for Battered Small Caps
(Bloomberg) -- The smallest US stocks have entered a historically favorable time of year, boosting hopes that the beleaguered group can rebound after a dismal start to 2025. ICE Moves to DNA-Test Families Targeted for Deportation with New Contract The Global Struggle to Build Safer Cars NYC Residents Want Safer Streets, Cheaper Housing, Survey Says The Buffalo Architect Fighting for Women in Design Small-cap stocks have outpaced their bigger counterparts 60% of the time in June since 1990, according to an analysis from Evercore ISI strategist Julian Emanuel. That seasonality has been even more pronounced when larger stocks are trouncing smaller ones, as they are this year: In those instances, the returns of smaller stocks have bested the larger peers in June every single time. Such a period would be a long-awaited bright spot for small-cap investors, should history repeat. The Russell 2000 Index, a small-cap benchmark, hasn't made a fresh record high since 2021 and has fallen 5.9% year-to-date as uncertainty sparked by President Donald Trump's trade war shocked markets. The S&P 500 has also seen its share of dizzying swings, but is up 1.5% for the year and stands within a few percentage points of February's all-time high. 'It is truly a case of small caps being 'so bad, it's good,' right now,' Emanuel said. 'Buy these stocks for a possible performance-reversion trade in June, and perhaps for longer if macro catalysts such as trade deals materialize.' Small-cap stocks initially benefited from the enthusiasm that gripped markets following Trump's election late last year, as investors bet that the lower taxes and reduced regulation he had promised would help smaller companies. But the administration's focus on tariffs — another key part of Trump's platform — sparked worries that small-cap firms would be more vulnerable to the economic disruptions that a trade war could bring, souring investors on the category in the early months of 2025. Bearish Bets While a rally in some of the market's riskier names has boosted small-cap stocks, positioning data shows that traders remain largely negative on the group. Open interest in bullish call options on the biggest fund tracking the Russell 2000 was hovering near the lowest level since February relative to put options earlier this week, suggesting market participants are bracing for more declines. The measure has become slightly more bullish over the last trading session. Meanwhile, bearish bets against small-caps have been growing. Short interest in dollar terms in the iShares Russell 2000 ETF — which shows how much bearish investors have at risk on their wagers — has risen to the highest level since 2022, according to data from S3 Partners. Still, the buildup of bearish positions also creates the conditions for a squeeze higher, if rising prices or favorable news causes those investors to unwind their bets on small-cap stocks, said Jeff Jacobson, derivatives specialist at 22V Research. 'We have seen these 'consensus' ideas flip very quickly on short notice,' Jacobson said. Signs that the US is reaching constructive agreements with its trading partners and strong economic data could heighten the group's appeal, strategists said. While its still early days, small-cap stocks are so far enjoying a tailwind this month. The Russell 2000 has outperformed the S&P 500 by over half a percentage point in the first three trading days of June. Technical strategists, who analyze chart patterns to predict where stocks may be headed next, are also seeing constructive signals. The Russell 2000 is near an 'inflection point' at its current level of around 2,100, according to analysts at Piper Sandler. A break could see it rise 19% to 2,500 by mid-August, they wrote on Wednesday. Jacobson, of 22V, also expects a 'decent-sized move higher' in the small-cap index in the short term. 'It is a window of opportunity,' he said. Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Millions of Americans Are Obsessed With This Japanese Barbecue Sauce Is Elon Musk's Political Capital Spent? Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To ©2025 Bloomberg L.P. Sign in to access your portfolio
Yahoo
5 hours ago
- Business
- Yahoo
‘So Bad It's Good': Buying Window Opens for Battered Small Caps
(Bloomberg) -- The smallest US stocks have entered a historically favorable time of year, boosting hopes that the beleaguered group can rebound after a dismal start to 2025. ICE Moves to DNA-Test Families Targeted for Deportation with New Contract The Global Struggle to Build Safer Cars NYC Residents Want Safer Streets, Cheaper Housing, Survey Says The Buffalo Architect Fighting for Women in Design Small-cap stocks have outpaced their bigger counterparts 60% of the time in June since 1990, according to an analysis from Evercore ISI strategist Julian Emanuel. That seasonality has been even more pronounced when larger stocks are trouncing smaller ones, as they are this year: In those instances, the returns of smaller stocks have bested the larger peers in June every single time. Such a period would be a long-awaited bright spot for small-cap investors, should history repeat. The Russell 2000 Index, a small-cap benchmark, hasn't made a fresh record high since 2021 and has fallen 5.9% year-to-date as uncertainty sparked by President Donald Trump's trade war shocked markets. The S&P 500 has also seen its share of dizzying swings, but is up 1.5% for the year and stands within a few percentage points of February's all-time high. 'It is truly a case of small caps being 'so bad, it's good,' right now,' Emanuel said. 'Buy these stocks for a possible performance-reversion trade in June, and perhaps for longer if macro catalysts such as trade deals materialize.' Small-cap stocks initially benefited from the enthusiasm that gripped markets following Trump's election late last year, as investors bet that the lower taxes and reduced regulation he had promised would help smaller companies. But the administration's focus on tariffs — another key part of Trump's platform — sparked worries that small-cap firms would be more vulnerable to the economic disruptions that a trade war could bring, souring investors on the category in the early months of 2025. Bearish Bets While a rally in some of the market's riskier names has boosted small-cap stocks, positioning data shows that traders remain largely negative on the group. Open interest in bullish call options on the biggest fund tracking the Russell 2000 was hovering near the lowest level since February relative to put options earlier this week, suggesting market participants are bracing for more declines. The measure has become slightly more bullish over the last trading session. Meanwhile, bearish bets against small-caps have been growing. Short interest in dollar terms in the iShares Russell 2000 ETF — which shows how much bearish investors have at risk on their wagers — has risen to the highest level since 2022, according to data from S3 Partners. Still, the buildup of bearish positions also creates the conditions for a squeeze higher, if rising prices or favorable news causes those investors to unwind their bets on small-cap stocks, said Jeff Jacobson, derivatives specialist at 22V Research. 'We have seen these 'consensus' ideas flip very quickly on short notice,' Jacobson said. Signs that the US is reaching constructive agreements with its trading partners and strong economic data could heighten the group's appeal, strategists said. While its still early days, small-cap stocks are so far enjoying a tailwind this month. The Russell 2000 has outperformed the S&P 500 by over half a percentage point in the first three trading days of June. Technical strategists, who analyze chart patterns to predict where stocks may be headed next, are also seeing constructive signals. The Russell 2000 is near an 'inflection point' at its current level of around 2,100, according to analysts at Piper Sandler. A break could see it rise 19% to 2,500 by mid-August, they wrote on Wednesday. Jacobson, of 22V, also expects a 'decent-sized move higher' in the small-cap index in the short term. 'It is a window of opportunity,' he said. Cavs Owner Dan Gilbert Wants to Donate His Billions—and Walk Again YouTube Is Swallowing TV Whole, and It's Coming for the Sitcom Millions of Americans Are Obsessed With This Japanese Barbecue Sauce Is Elon Musk's Political Capital Spent? Trump Considers Deporting Migrants to Rwanda After the UK Decides Not To ©2025 Bloomberg L.P.
Yahoo
a day ago
- 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
2 days ago
- Business
- Yahoo
Neonode Set to Join Russell 2000® Index
STOCKHOLM, June 3, 2025 /PRNewswire/ -- Neonode Inc. (NASDAQ: NEON) (the "Company" or "Neonode") will be added as a member of the U.S. small-cap Russell 2000 Index, effective after the U.S. market opens on June 30 as part of the 2025 Russell indexes reconstitution. Neonode, a provider of touch technology and optical sensing solutions for technologically demanding and regulated industries, debuted on the NASDAQ stock exchange in 2012 under the stock ticker symbol "NEON." Membership in the Russell 2000 Index, which remains in place for one year, is based on membership in the broad-market Russell 3000® Index. Neonode's stock will also be automatically added to the appropriate growth and value indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes. The Russell US Indexes can be used as performance benchmarks, or as the basis for index-linked products including index tracking funds, derivatives and Exchange Traded Funds (ETFs). "Our inclusion in the Russell 2000 Index is an encouraging milestone for Neonode as we position ourselves for future success. We welcome the enhanced visibility it gives us within the investor community and look forward to sharing our progress as we continue our journey toward innovation leadership and sustainable business growth," says Daniel Alexus, President and Chief Executive Officer at Neonode. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to the data as of the end of June 2024, about $10.6 trillion in assets are benchmarked against the Russell US indexes, which belong to FTSE Russell, the global index provider. "The Russell indexes have continuously adapted to the evolving dynamic US economy, and it's crucial to fully recalibrate the suite of Russell US Indexes, ensuring the indexes maintain an accurate representation of the market. The transition to a semi-annual reconstitution frequency from 2026 will ensure our indexes continue to represent the market and maintain the purpose of the index as a portfolio benchmark," comments Fiona Bassett, CEO of FTSE Russell, an LSEG Business. For more information on the Russell 2000 Index and the Russell indexes reconstitution, go to the "Russell Reconstitution" section on the FTSE Russell website. For more information, please contact: Chief Financial OfficerFredrik NihlénE-mail: +46 703 97 21 09 President and Chief Executive OfficerPierre Daniel AlexusE-mail: +46 767 60 29 90 This information was brought to you by Cision The following files are available for download: neonode-set-to-join-russell-2000-20250603 Neonode Set to Join Russell 2000® Index View original content: SOURCE Neonode 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
Yahoo
2 days ago
- Business
- Yahoo
Newsmax to join Russell 2000, 3000 Indexes
Newsmax (NMAX) announced that the Company expects to list on the U.S. small-cap Russell 2000 Index, effective after the U.S. market opens on June 30, 2025, as part of the 2025 Russell indexes reconstitution. 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 NMAX: Disclaimer & DisclosureReport an Issue Newsmax falls -19.1% NEWSMAX INC put volume heavy and directionally bearish Newsmax falls -10.6% Closing Bell Movers: Gap down 15%, Elastic off by 11% on earnings Newsmax files for resale of 121M shares of common stock for holders 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
