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Vuzix to Be Added to Russell 3000 and Russell 2000 Indexes
ROCHESTER, N.Y., May 27, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), ("Vuzix" or, the "Company"), a leading supplier of smart glasses, waveguides,
About this update from Vuzix Corporation
[{"type":"text","content":"ROCHESTER, N.Y., May 27, 2025 /PRNewswire/ -- Vuzix® Corporation (NASDAQ: VUZI), (\"Vuzix\" or, the \"Company\"), a leading supplier of smart glasses, waveguides, and augmented reality (AR) technologies, today announced that it is set to join the broad-market Russell 3000® Index at the conclusion of the 2025 Russell indexes annual reconstitution, according to a preliminary list of additions posted by FTSE Russell on May 23, 2025. Vuzix' inclusion will become effective after the US market opens on June 27.\n\n \n \n \n \n \n \n\n \nAnnual Russell indexes reconstitution captures the 3,000 largest US stocks, ranking them by total market capitalization. Membership in the US all-cap Russell 3000® Index, which currently remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.\n\"The past year has been transformational for Vuzix and we are pleased to see our shares will soon be re-added to the Russell 2000® Index, one of the market's leading performance benchmarks in North America,\" said Paul Travers, President and CEO of Vuzix. \"We feel this addition will help raise awareness and ownership of Vuzix within the institutional investment community.\"\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell's US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.\nFor more information on the Russell 3000® Index and the Russell indexes reconstitution, go to the \"Russell Reconstitution\" section on the FTSE Russell website.\nAbout Vuzix Corporation \nVuzix is a leading designer, manufacturer and marketer of AI-powered Smart Glasses, Waveguides and Augmented Reality (AR) technologies, components and products for the enterprise, medical, defense and consumer markets. The Company's products include head-mounted smart personal display and wearable computing devices that offer users a portable high-quality viewing experience, provide solutions for mobility, wearable displays and augmented ...