Shimmick Corporation was added to the Russell Microcap Value Index, effective June 30, 2025. This inclusion is part of the annual reconstitution of the Russell indexes, which are widely used by institutional investors for benchmarking and as a basis for index funds and ETFs. Membership in the Russell Microcap Value Index indicates that Shimmick meets specific criteria for market capitalization and value orientation.
Concurrently, Shimmick Corporation was also added to the Russell 3000E Value Index on the same date. The Russell 3000E Index is a comprehensive U.S. equity index that measures the performance of the largest 4,000 U.S. companies. Inclusion in these indices can enhance the company's profile within the investment community.
These index inclusions can lead to increased visibility and liquidity for Shimmick's stock, as funds tracking these indices may purchase shares to align their portfolios. This development reflects Shimmick's growing presence and recognition in the broader financial markets.
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