Not only that, but when a company is added to the Russell index there are many index mutual funds that will have to buy the stock, because their funds track the index. It is a decidedly good thing to happen to a company.
I just realized that along with commission fees I’ve been charged about 6$ in every sell order in high Share volume sales on Finra based Reg fees. I use TD Ameritrade. Is this across the board on all brokerage accounts? Is there any way to avoid these fees? Appeal them? It really puts penny traders at a disadvantage and should be dollar volume based and not share volume based.