- Slice of Real Estate
- Posts
- Real Brokerage Inc. to Join Russell 3000 Index
Real Brokerage Inc. to Join Russell 3000 Index
Slice of Real Estate Team
June 12, 2024
Key Highlights:
The Real Brokerage Inc. (NASDAQ: REAX) to join Russell 3000 Index.
Effective from July 1, 2024.
Reflects significant growth and market presence.
Enhanced visibility within the investment community.
Source (Business Wire)
Notable Quotes
"We’re honored to be joining the Russell 3000® Index, a milestone that reflects a decade of hard work and dedication building Real into the real estate technology leader it is today."
"Russell indexes–now in their 40th year–continue to evolve to reflect the dynamic US economy. Annual rebalancing plays a vital role in establishing accurate benchmarks, ensuring they correctly mirror their designated market segments and remain unbiased in terms of size and style."
Our Take:
Real Brokerage Inc.'s inclusion in the Russell 3000 Index marks a significant milestone, underlining its rapid growth and expanding market footprint. This achievement not only highlights the company's successful integration of technology in real estate but also positions it favorably within the investment community. The increased visibility from joining this prestigious index will likely attract more investors and enhance Real Brokerage's market capitalization further.