Luna Innovations to Be Added to the Russell 3000® and Small-Cap Russell 2000® Indexes
16 Junho 2020 - 9:30AM
Business Wire
Luna Innovations Incorporated (NASDAQ:LUNA), a leader in optical
technology, today announced that it is set to join the Russell®
3000 Index at the conclusion of the 2020 Russell indexes annual
reconstitution, effective after the U.S. market opens on June 29,
according to a preliminary list of additions posted in June 2020.
For Luna, membership in the broad-market Russell 3000® Index, which
remains in place for one year, means automatic inclusion in the
U.S. small-cap Russell 2000® Index.
“Inclusion into the Russell 2000® and Russell 3000® Indexes is a
milestone for us as an organization, and we are pleased to be
included,” said Scott Graeff, President and CEO of Luna
Innovations. “Being included in these important indexes will help
to strengthen overall awareness of Luna within the financial
community, and it underscores the significant progress we’ve made
as an organization, by focusing sharply on executing our long-term
strategy and driving strong shareholder value creation. We will
continue the hard work that we’ve begun, serving our customers with
excellence, creating a great place for our colleagues to work, and
delivering strong growth to our investors.”
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $9 trillion in assets
are benchmarked against Russell’s U.S. indexes. Russell indexes are
part of FTSE Russell, a leading global index provider. For more
information on the Russell indexes reconstitution, go to the
“Russell Reconstitution” section on the FTSE Russell website.
About Luna Luna Innovations,
Incorporated (www.lunainc.com) is a leader in optical technology,
providing unique capabilities in high-performance, fiber
optic-based, test products for the telecommunications industry and
distributed fiber optic-based sensing for the aerospace and
automotive industries. Luna is organized into two business
segments, which work closely together to turn ideas into products:
a Technology Development segment and a Products and Licensing
segment. Luna’s business model is designed to accelerate the
process of bringing new and innovative technologies to market.
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version on businesswire.com: https://www.businesswire.com/news/home/20200616005189/en/
Investors: Jane Bomba 303-829-1211 IR@lunainc.com
Sally J. Curley 614-530-3002 IR@lunainc.com
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