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Quantum Computing Inc. Announces Inclusion in Russell Microcap Index
LEESBURG, Va., June 28, 2022 (GLOBE NEWSWIRE) -- Quantum Computing Inc. (“QCI” or the “Company”) (NASDAQ: QUBT) a leader in accessible quantum computing, has
About this update from Quantum Computing Inc.
[{"type":"text","content":"LEESBURG, Va., June 28, 2022 (GLOBE NEWSWIRE) -- Quantum Computing Inc. (“QCI” or the “Company”) (NASDAQ: QUBT) a leader in accessible quantum computing, has joined the Russell Microcap® Index, following the conclusion of the 2022 Russell indexes annual reconstitution, effective June 27th. Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective market capitalization rankings and style attributes. “Joining the Russell Microcap Index represents another important milestone for QCI, after our recent acquisition of QPhoton to transform QCI into a full-stack quantum computing company,” said Robert Liscouski, CEO of QCI. “We believe this listing reflects that we’ve arrived at an inflection point in terms of growth and development with the combination of our quantum software and hardware solutions. We welcome this greater visibility in the investment community as we continue to deliver value and results for non-quantum experts – truly democratizing quantum computing.” Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12 trillion in assets are benchmarked against Russell’s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider. For more information on the Russell Microcap Index and the Russell indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website. About FTSE RussellFTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $20 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives...