Replies to post #33878 on Plug Power Inc (PLUG)

[Jack_Bolander]

A computer glitch at the exchange.

Hundreds of companies affected.

[tothe]

PLUG: up because Russell-rebalance day was Friday. You won't know until August when the 13F's come out who got what and who sold.
Note: The Funds can lend the shares to the Shorts at say 25% interest. If shares are swapped between funds I imagine the shorted shares have to be coverd before exchanging. You may see another pickup in volatility Monday with Plug.


Friday was Russell reconstitution day.
http://www.ftserussell.com/index-series/index-resources/russell-reconstitution

3000, PLUG is already on the list here.
https://www.barchart.com/stocks/indices/russell/russell3000?page=21

What happened Friday at close: Bloomberg
https://www.bloomberg.com/news/articles/2018-06-22/busy-week-gets-busier-as-russell-shuffle-spurs-indexing-frenzy

Old articles, what it means for investors.
https://www.barrons.com/articles/russell-rebalance-day-does-it-influence-small-stock-moves-1435336799
https://www.marketwatch.com/story/what-russell-index-rebalancing-means-for-the-stock-market-2017-06-23