Russell 2000 Swells; Investors Await Update on AMC, GameStop
- Total market value of Russell 2000 grew 84% over the past year
- FTSE Russell posts changes to Russell 3000, Microcap indexes
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The total market capitalization of the Russell 2000 small-cap stock index jumped 84% over the past year amid the surging popularity of meme stocks and significant growth in the overall size of U.S.-listed companies.
The market value of the index is now $3.5 trillion, according to benchmark provider FTSE Russell. The smallest stock on the Russell 2000, Velocity Financial Inc., is worth $257 million, up 171% from the $95 million value of the smallest stock in May 2020.