Life360 Set to Join Russell 2000® and 3000® Indexes

Quick Summary:

SAN FRANCISCO, Sept.17, 2024 (GLOBE NEWSWIRE) -- Life360, Inc.(NASDAQ: LIF), the leading family connection and safety company, today announced that it will join the Russell 2000® and the Russell 3000® Indexes as part of the quarterly Russell US Index initial public offering (IPO) additions, effective after the U.S.market opens on September 23, 2024.

For over 40 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell Indexes to benchmark their investment performance and create ETFs, structured products, and index-based derivatives.  FTSE Russell is focused on applying the highest industry standards in index design and governance, employing transparent rules-based methodology informed by independent committees of leading market participants.

In addition to annual index reconstitutions that take place in the second quarter each year, initial public offerings (IPOs) are added to the Russell US indexes on a quarterly basis.

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Article Details

Author / Journalist: Life360, Inc.

Category: Technology

Markets: ChinaAustralia

Topics: AUST:360 AU0000045098 Nasdaq:LIF

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-09-18 @ 00:22:00 (12 hours ago)

News Timezone: GMT +8:00

News Source URL: globenewswire.com

Language: English

Article Length: 579 words

Reading Time: 4 minutes read

Sentences: 22 lines

Sentence Length: 27 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © GlobeNewswire

News ID: 22572267

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