Meme Stock Rally Puts Spotlight on Russell 2000 Index Reshuffle
- Preliminary list of members disclosed after the bell Friday
- Average market value in small-cap index up about 50% in a year
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A busy week for trading desks won’t end with the closing bell, at least for investors tracking FTSE Russell indexes.
The index provider is set to announce preliminary changes after the close, and the Russell 2000 will take center stage with tweaks to the gauge of small-cap companies that over the past year have become not so small. That’s because of the surge in meme stocks like AMC Entertainment Holdings Inc. and GameStop Corp.