Boost Run Inc. (NASDAQ:BRUN) shares are trading higher Friday on possible continued momentum after the company announced its preliminary inclusion in the Russell 2000 and Russell 3000 Indexes.
- Boost Run shares are powering higher. What’s driving BRUN stock higher?
Boost Run Earns Spot in Russell 2000 and Russell 3000 Reconstitution
Boost Run’s inclusion in the indexes is expected to become effective after market close today, September 18, subject to FTSE Russell’s final review and reconstitution. The reconstituted Russell 2000 and Russell 3000 Indexes are expected to commence trading at market open on Monday, Sept. 21. Approximately $12 trillion in assets are benchmarked to the Russell U.S. Indexes, which are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
“Our inclusion in the Russell 2000 and Russell 3000 Indexes marks an important milestone for Boost Run and reflects the foundation we have built as we continue to scale the business,” said Andrew Karos, Founder, Chairman, and CEO of Boost Run. “We remain focused on executing our long-term growth strategy and creating value for our shareholders, while increasing awareness of Boost Run within the market.”
Boost Shares Edge Higher
BRUN Price Action: At the time of publication, Boost shares are trading 2.76% higher at $17.14, according to data from Benzinga Pro.
This illustration was generated using artificial intelligence via Midjourney.
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