Luminar Technologies Joins Russell 2000 Index

by Shivani Kumaresan, Benzinga Staff Writer
June 27, 2022 1:03 PM | 29 seconds read |
  • Luminar Technologies Inc LAZR has officially joined the U.S. Russell 2000 Index, effective June 27, 2022.
  • Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
  • About 30 million shares of Luminar's stock are expected to be purchased and held by associated indices.
  • Russell indexes are part of FTSE Russell, a global index provider.
  • Price Action: LAZR shares are trading lower by 3.60% at $7.22 on the last check Monday.
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