Plug Power Inc (PLUG)

[B_B!]

I think Plug Power will return to the Russell 2000 at the end of June?


Russell Rebalancing: What You Need To Know
By Wayne Duggan May 8, 2024

On June 28, the popular Russell indexes will get their annual refresh, an event that has historically triggered major market volatility in dozens of impacted stocks.

Every year on the fourth Friday of June, the Russell 1000, Russell 2000, Russell 3000 and other Russell indexes are reconstituted. FTSE Russell gives investors a heads up about what moves they should expect.

The day of the annual Russell reconstitution has often been one of the highest-volume trading days of the year, largely thanks to institutional investors and funds that track the Russell indexes adjusting their holdings to reflect the updates.

This year, the Russell U.S. Index reconstitution will be final after the market closes on June 28.
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Next, on May 24, FTSE Russell discloses preliminary lists of the indexes to the marketplace. The preliminary lineups of which stocks are in and which are out of each index is customarily posted online after 6 p.m. eastern time.

Starting the following Friday, FTSE Russell releases updated but still preliminary index membership lists. Those updates are made on May 31, June 7, June 14 and June 21, all typically after 6 p.m. Finalization is June 28.

Meanwhile, on Monday, June 10, the reconstitution lock-down period begins. From that point, the rebalanced membership lists are considered final, pending any additional updates during the remainder of June.
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FTSE Russell utilizes a process known as banding to minimize reclassifications among stocks caused by small changes in market capitalization. An incumbent Russell index member will only be moved from one index to another if its updated market cap falls outside a 5% band surrounding the updated cutoff point for inclusion in a particular index.
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https://www.forbes.com/advisor/investing/russell-index-rebalancing/