Revolve Shares Rise After Inclusion In Russell 3000 Index

Fashion retailer Revolve Group Inc RVLV is set to join the broad-market Russell 3000 Index after the 2021 Russell indexes annual reconstitution.
The addition will be effective after the U.S. market opens on June 28, 2021, according to a preliminary list of additions posted earlier this month.
“We welcome the enhanced visibility of our long-term growth potential and look forward to sharing our future milestones with a broader investment community as we continue on our vision of building an iconic brand and the fashion destination for the next-generation consumer,” said Jesse Timmermans, Chief Financial Officer.
Price action: RVLV shares are trading higher by 8.53% at $61.85 on the last check Thursday.

Momentum34.58

Growth51.56

Quality96.23

Value63.18

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