Latest news with #Russell2000®
Associated Press
5 days ago
- Business
- Associated Press
The Oncology Institute set to join the Russell 2000® and Russell 3000® Indexes
CERRITOS, Calif., June 03, 2025 (GLOBE NEWSWIRE) -- The Oncology Institute, Inc. (NASDAQ: TOI) ('TOI'), one of the largest value-based oncology groups in the United States, today announced that it will join the Russell 2000® and Russell 3000® after the 2025 Russell indexes annual reconstitution, effective after the US market closes on June 27, according to a preliminary list of additions posted on May 23. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 30, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000 Index or small-cap Russell 2000 Index and 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 thrilled to be included in the Russell Indexes, which marks a significant milestone in TOI's growth journey,' said Daniel Virnich, CEO of TOI. 'This inclusion reflects our continued execution and the impact of our innovative, value-based approach to cancer care. As we continue to expand our presence across markets, we remain focused on improving outcomes for patients and creating long-term value for our shareholders.' Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. According to 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. For more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the 'Russell Reconstitution' section on the FTSE Russell website. About The Oncology Institute Founded in 2007, TOI is advancing oncology by delivering highly specialized, value-based cancer care in the community setting. TOI offers cutting-edge, evidence-based cancer care to a population of over 1.8 million patients including clinical trials, transfusions, and other services traditionally associated with the most advanced care delivery organizations. With over 120 employed clinicians and more than 700 teammates in over 70 clinic locations, TOI is changing oncology for the better. For more information, visit Contacts Media The Oncology Institute, Inc. [email protected] Investors Solebury Strategic Communications [email protected]
Yahoo
28-05-2025
- Business
- Yahoo
PRISM MarketView Features SKYX Platforms Corp. Following Major Miami Project Win and Russell Index Inclusion
Company to Deploy Over 500,000 Smart Home Units in $3 Billion Development; Joins Russell 2000® and 3000® Indexes NEW YORK, May 28, 2025 (GLOBE NEWSWIRE) -- PRISM MarketView, an investor-focused platform tracking small and emerging growth companies, today featured SKYX Platforms Corp. (NASDAQ: SKYX) following a series of significant milestones, including its selection as the exclusive smart home infrastructure provider for a $3 billion mixed-use development in Miami and its upcoming inclusion in the Russell 2000® and Russell 3000® Indexes. The 63-acre Miami project, located in the Little River District, will integrate SKYX's patented plug & play technologies across more than 5,700 residential units, including 2,400 affordable apartments. More than 500,000 SKYX smart home devices will be deployed as part of the project.'Our advanced plug & play smart platform was designed to support the next generation of urban developments,' said Rani Kohen, Founder, Inventor and Executive Chairman of SKYX Platforms Corp. 'We look forward to the opportunity to contribute to a connected, safer, and more efficient living environment.' In addition, SKYX announced its expected inclusion in the Russell 2000® and Russell 3000® Indexes as part of FTSE Russell's 2025 annual reconstitution. The company's addition will become effective after the market opens on June 27, 2025. SKYX recently reported record Q1 2025 results, including revenue of $20.1 million, 4.8% sequential gross margin improvement, and a 17% reduction in G&A expenses. The company expanded its footprint across the U.S. and Canada and reaffirmed its expectation to achieve cash flow positivity in the second half of 2025, supported by its razor-and-blade business model. Read the full feature on PRISM MarketView: For SKYX's Technologies Video Link CLICK HERE About SKYX Platforms electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced-safe-smart platform technologies, with over 97 U.S. and global patents and patent pending applications. Additionally, the Company owns over 60 lighting and home decor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at or follow us on LinkedIn. About PRISM MarketView PRISM MarketView is a financial media platform focused on highlighting emerging growth companies and breakthrough innovation across public markets. Through original editorial, video features, and executive Q&A content, PRISM delivers timely insights and elevates visibility for high-potential companies. PRISM also maintains a suite of proprietary indexes tracking momentum across sectors including biotech, AI, and consumer tech. Learn more at PRISM MarketView does not provide investment advice. Disclaimer This communication was produced by PRISM MarketView, an affiliate of PCG Advisory Inc., (together "PCG"). PCG is not a registered or licensed broker-dealer nor investment adviser. No information contained in this communication constitutes an offer to sell, a solicitation of an offer to buy, or a recommendation of any security. PCG may be compensated by respective clients for publicizing information relating to its clients' securities. See Contact:PRISM MarketView info@ 646-863-6341 A photo accompanying this announcement is available at
Yahoo
27-05-2025
- Business
- Yahoo
SKYX to Be Added to Russell 2000® and Russell 3000® Indexes
MIAMI, May 27, 2025 (GLOBE NEWSWIRE) -- SKYX Platforms Corp. (NASDAQ: SKYX) ('SKYX' or the 'Company'), a highly disruptive smart home platform technology company with over 97 issued and pending patents globally and a growing portfolio of over 60 lighting and home décor websites, with a mission to make homes and buildings become smart, safe, and advanced as the new standard, today announced that it is set to be added to the Russell 2000® and the broad-market Russell 3000® Index following the 2025 annual reconstitution of the Russell indexes, according to a preliminary list of additions posted by FTSE Russell on May 23, 2025. SKYX's inclusion will become effective after the U.S. market opens on June 27, 2025. Annual Russell index reconstitution ranks the Russell 2000® Index and the 3,000 largest U.S. public companies by total market capitalization. Inclusion in the all-cap Russell 3000® Index results in automatic membership in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index, as well as in relevant growth and value style indexes. FTSE Russell determines index membership primarily based on market-cap rankings and style attributes. 'This is an exciting milestone that reflects the strong progress SKYX has made in scaling our business and executing our strategic vision,' said Lenny Sokolow, Co-CEO of SKYX. 'We believe that inclusion in the Russell indexes will help broaden investor awareness of our technology platform and increase institutional ownership as we continue to grow and advance our mission to make homes and buildings safer and smarter.' Russell indexes are widely used by investment managers and institutional investors for index-based funds and benchmarking purposes. According to FTSE Russell, approximately $10.6 trillion in assets are benchmarked to Russell U.S. indexes. Russell indexes are maintained by FTSE Russell, a global leader in index analytics and solutions. For more information on the Russell 3000® Index and the annual reconstitution process, please visit the 'Russell Reconstitution' section on the FTSE Russell website. For SKYX's Technologies Video Link CLICK HERE About SKYX Platforms Corp. As electricity is a standard in every home and building, our mission is to make homes and buildings become safe-advanced and smart as the new standard. SKYX has a series of highly disruptive advanced-safe-smart platform technologies, with over 97 U.S. and global patents and patent pending applications. Additionally, the Company owns over 60 lighting and home decor websites for both retail and commercial segments. Our technologies place an emphasis on high quality and ease of use, while significantly enhancing both safety and lifestyle in homes and buildings. We believe that our products are a necessity in every room in both homes and other buildings in the U.S. and globally. For more information, please visit our website at or follow us on LinkedIn. Forward-Looking Statements Certain statements made in this press release are not based on historical facts, but are forward-looking statements. These statements can be identified by the use of forward-looking terminology such as 'aim,' 'anticipate,' 'believe,' 'can,' 'could,' 'continue,' 'estimate,' 'expect,' 'evaluate,' 'forecast,' 'guidance,' 'intend,' 'likely,' 'may,' 'might,' 'objective,' 'ongoing,' 'outlook,' 'plan,' 'potential,' 'predict,' 'probable,' 'project,' 'seek,' 'should,' 'target' 'view,' 'will,' or 'would,' or the negative thereof or other variations thereon or comparable terminology, although not all forward-looking statements contain these words. These statements reflect the Company's reasonable judgment with respect to future events and are subject to risks, uncertainties and other factors, many of which have outcomes difficult to predict and may be outside our control, that could cause actual results or outcomes to differ materially from those in the forward-looking statements. Such risks and uncertainties include statements relating to the Company's ability to successfully launch, commercialize, develop additional features and achieve market acceptance of its products and technologies and integrate its products and technologies with third-party platforms or technologies; the Company's efforts and ability to drive the adoption of its products and technologies as a standard feature, including their use in homes, hotels, offices and cruise ships; the Company's ability to capture market share; the Company's estimates of its potential addressable market and demand for its products and technologies; the Company's ability to raise additional capital to support its operations as needed, which may not be available on acceptable terms or at all; the Company's ability to continue as a going concern; the Company's ability to execute on any sales and licensing or other strategic opportunities; the possibility that any of the Company's products will become National Electrical Code (NEC)-code or otherwise code mandatory in any jurisdiction, or that any of the Company's current or future products or technologies will be adopted by any state, country, or municipality, within any specific timeframe or at all; risks arising from mergers, acquisitions, joint ventures and other collaborations; the Company's ability to attract and retain key executives and qualified personnel; guidance provided by management, which may differ from the Company's actual operating results; the potential impact of unstable market and economic conditions on the Company's business, financial condition, and stock price; and other risks and uncertainties described in the Company's filings with the Securities and Exchange Commission, including its periodic reports on Form 10-K and Form 10-Q. There can be no assurance as to any of the foregoing matters. Any forward-looking statement speaks only as of the date of this press release, and the Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by U.S. federal securities laws. Investor Relations Contact:Jeff RamsonPCG Advisoryjramson@ 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
21-04-2025
- Business
- Yahoo
Solid Fundamentals Boosted Dutch Bros. (BROS) in Q1
Wasatch Global Investors, an asset management company, released its 'Wasatch Small Cap Growth Strategy' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. stocks fell in the quarter as investors considered the potential economic effects of tariffs and government funding cuts. Softer economic data also impacted stocks. The Russell 2000® Growth index ended the quarter with a loss of -11.12%. Additionally, the Wasatch Small Cap Growth strategy declined and lagged the benchmark. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Wasatch Small Cap Growth Strategy highlighted stocks such as Dutch Bros Inc. (NYSE:BROS). Dutch Bros Inc. (NYSE:BROS) operates and franchises drive-thru shops. The one-month return of Dutch Bros Inc. (NYSE:BROS) was -11.02%, and its shares gained 93.14% of their value over the last 52 weeks. On April 17, 2025, Dutch Bros Inc. (NYSE:BROS) stock closed at $58.27 per share with a market capitalization of $9.505 billion. Wasatch Small Cap Growth Strategy stated the following regarding Dutch Bros Inc. (NYSE:BROS) in its Q1 2025 investor letter: "Another large contributor was Dutch Bros Inc. (NYSE:BROS), a drive-through coffee company in the U.S. that serves customizable hot, iced and blended beverages. Strong fundamentals continue to lift the stock higher. In February, the company announced quarterly revenue and earnings growth that exceeded expectations and announced plans to open more than 150 new stores in 2025. While we like the concept of Dutch Bros.' stores, the stock has risen substantially in the short time we owned it, and we trimmed the position after those gains." A closeup of a customer tasting a freshly-made cold brew coffee product from the company's shop. Dutch Bros Inc. (NYSE:BROS) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 41 hedge fund portfolios held Dutch Bros Inc. (NYSE:BROS) at the end of the fourth quarter which was 37 in the previous quarter. Dutch Bros Inc.'s (NYSE:BROS) fourth quarter revenue was $343 million, an increase of 35% from Q4 2023. While we acknowledge the potential of Dutch Bros Inc. (NYSE:BROS) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Dutch Bros Inc. (NYSE:BROS) and shared the list of best coffee stocks to buy. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
Yahoo
21-04-2025
- Business
- Yahoo
Globant SA (GLOB) Fell on Mixed Results and Softer Guidance
Wasatch Global Investors, an asset management company, released its 'Wasatch Small Cap Growth Strategy' first-quarter 2025 investor letter. A copy of the letter can be downloaded here. U.S. stocks fell in the quarter as investors considered the potential economic effects of tariffs and government funding cuts. Softer economic data also impacted stocks. The Russell 2000® Growth index ended the quarter with a loss of -11.12%. Additionally, the Wasatch Small Cap Growth strategy declined and lagged the benchmark. In addition, please check the fund's top five holdings to know its best picks in 2025. In its first-quarter 2025 investor letter, Wasatch Small Cap Growth Strategy highlighted stocks such as Globant S.A. (NYSE:GLOB). Globant S.A. (NYSE:GLOB) is a Luxembourg-based technology services company. The one-month return of Globant S.A. (NYSE:GLOB) was -17.99%, and its shares lost 40.99% of their value over the last 52 weeks. On April 17, 2025, Globant S.A. (NYSE:GLOB) stock closed at $105.93 per share with a market capitalization of $4.667 billion. Wasatch Small Cap Growth Strategy stated the following regarding Globant S.A. (NYSE:GLOB) in its Q1 2025 investor letter: "The largest detractor from strategy performance was Globant S.A. (NYSE:GLOB), a global IT-consulting firm. Operating results were mixed for Globant's most recently reported quarter, and guidance for 2025 was softer than expected. While the stock has been volatile, we continue to like the company. Global IT spending has been sluggish in recent quarters, but while spending has been uneven, we've been impressed that Globant has grown at a higher rate than industry peers. We recently talked to Globant's management team, and they suggested some firms may have paused spending temporarily on some IT projects. While that could weigh on earnings for the industry in the near term, we believe that businesses are in the early innings of implementing AI into their processes and Globant will be a key beneficiary of this trend over the long term." A close-up of an experienced game engineer's hands typing a complex code on a laptop. Globant S.A. (NYSE:GLOB) is not on our list of 30 Most Popular Stocks Among Hedge Funds. As per our database, 25 hedge fund portfolios held Globant S.A. (NYSE:GLOB) at the end of the fourth quarter which was 29 in the previous quarter. Globant S.A.'s (NYSE:GLOB) fourth quarter revenue reached $642.5 million, representing an increase of 10.6% year-over-year and 4.5% quarter-over-quarter. While we acknowledge the potential of Globant S.A. (NYSE:GLOB) as an investment, our conviction lies in the belief that AI stocks hold greater promise for delivering higher returns, and doing so within a shorter timeframe. If you are looking for an AI stock that is as promising as NVIDIA but that trades at less than 5 times its earnings, check out our report about the cheapest AI stock. In another article, we covered Globant S.A. (NYSE:GLOB) and shared the list of worst performing IT services stocks to buy according to analysts. In addition, please check out our hedge fund investor letters Q1 2025 page for more investor letters from hedge funds and other leading investors. READ NEXT: Michael Burry Is Selling These Stocks and A New Dawn Is Coming to US Stocks. Disclosure: None. This article is originally published at Insider Monkey.
