Columbia Laboratories CBRX today announced that it was added to the Russell 3000® Index effective following the market close on Friday, June 24, 2011. The Russell 3000 serves as the U.S. component to the Russell Global Index.
"We believe our inclusion in the Russell indexes will provide our company with greater visibility to a broader range of potential investors," said Frank C. Condella, Jr., Columbia's president and chief executive officer.
The Russell 3000 Index measures the stock performance of the largest 3,000 U.S. companies based on total market capitalization at the end of May. Members of the Russell 3000 are also included in the Russell Global Index. These indexes are reconstituted annually in June.
Market News and Data brought to you by Benzinga APIs© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Loading...
Benzinga simplifies the market for smarter investing
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
Join Now: Free!
Already a member?Sign in