Neonode Inc. announced that it 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, 2025. This inclusion is part of the 2025 Russell indexes reconstitution. Neonode's stock will also be automatically added to the appropriate growth and value indexes.
Membership in the Russell 2000 Index is based on membership in the broad-market Russell 3000® Index, with FTSE Russell determining membership primarily by objective, market-capitalization rankings, and style attributes. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
Daniel Alexus, President and Chief Executive Officer at Neonode, stated that inclusion in the Russell 2000 Index is an encouraging milestone for the company. He welcomed the enhanced visibility it provides within the investor community and expressed anticipation for sharing progress on innovation leadership and sustainable business growth.
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