HyreCar Set to Join the Russell 3000? Index
HyreCar Inc. (HYRE)
Last hyrecar inc. earnings: 3/25 04:10 pm
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Source: Business Wire
LOS ANGELES--(BUSINESS WIRE)--HyreCar Inc. (NASDAQ: HYRE), the carsharing marketplace for ridesharing and food/package delivery services, is set to join the broad-market Russell 3000? Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the US market opens on June 28, according to a preliminary list of additions posted June 4.“We have worked hard to get to this point, taking the company from concept to now joining the Russell 3000, something that we believe will attract broader interest in Hyrecar from institutional investors and investment funds,” said Joe Furnari, CEO. “I'm proud of the tremendous progress we have made this year, both operationally and driving top line growth that should continue as we execute on our strategic plans in 2021.”Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of May 7, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which remains in pla
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