How to Tell If AMC, GameStop Can Make the Russell 1000
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The Russell Reconstitution is a big deal every year, but this time, potential changes for GameStop Corp. and AMC Entertainment Holdings Inc. make it interesting for a broader swath of investors than normal.
The annual reconstitution of Russell’s U.S. family of indexes accounts for market changes in the previous year, and it affects more than $10.6 trillion in investor assets benchmarked to, or invested in, products based on the Russell U.S. Indexes, according to its website. Trading volumes on U.S. exchanges also tend to be among the heaviest of the year around the event.