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Aurora Set to Join the Russell 3000® Index
PITTSBURGH--(BUSINESS WIRE)-- Aurora Innovation, Inc. (NASDAQ: AUR) announced today that as part of the annual reconstitution of the Russell stock indexes,
About this update from Aurora Innovation, Inc.
[{"type":"text","content":" PITTSBURGH--(BUSINESS WIRE)--\nAurora Innovation, Inc. (NASDAQ: AUR) announced today that as part of the annual reconstitution of the Russell stock indexes, Aurora is expected to be included in the Russell 3000® Index effective after the U.S. market opens on June 26, 2023. A preliminary list of index additions, including Aurora Innovation, was posted by FTSE Russell on May 19, 2023.\n\n\n\"We are pleased to be included in the Russell 3000® Index, one of the most widely cited performance benchmarks for the U.S. stock market,\" said Chris Urmson, Co-Founder and CEO at Aurora. \"This milestone increases our global visibility, expands our investor base, and highlights the momentum in our path to commercial launch.\"\n\n\nThe Russell 3000® Index encompasses the 3,000 largest U.S.-traded stocks and membership in the Russell 3000® Index means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as in the appropriate growth and value style indexes. Membership in these indexes is updated annually and remains in place for one year.\n\n\nThe Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell's U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.\n\n\nFor more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.\n\n\nAbout Aurora\n\n\nAurora (Nasdaq: AUR) is delivering the benefits of self-driving technology safely, quickly, and broadly to make transportation safer, increasingly accessible, and more reliable and efficient than ever before. The Aurora Driver is a self-driving system designed to operate multiple vehicle types, from freight-hauling trucks to ride-hailing passenger vehicles, and underpins Aurora Horizon and Aurora Connect, its driver-as-a-service products for trucking and ride-hailing. Aurora is working with industry leaders across the transportation ecosystem, including Toyota, FedEx, Volvo Trucks, PACCAR, Uber, Uber Freight, U.S. Xpress, Werner, Covenant, Schneider, and Ryder. For Aurora’s latest news, visit aurora.tech and @aurora_inno on Twitter.\n\n\nAurora Overview\nAurora Pres...