- Luminar Technologies Inc (NASDAQ:LAZR) has officially joined the U.S. Russell 2000 Index, effective June 27, 2022.
- Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
- About 30 million shares of Luminar’s stock are expected to be purchased and held by associated indices.
- Russell indexes are part of FTSE Russell, a global index provider.
- Price Action: LAZR shares are trading lower by 3.60% at $7.22 on the last check Monday.
Nikola Stock Sees A Strong Bounce Off Support: What’s Next?
Nikola Corp (NASDAQ: NKLA) shares are trading lower Monday morning from a premarket high of 4.5%. The stock looks to be making a jump higher once again after bouncing off a support level that has held in the past.
Nikola was down 0.32% at $11.06 Monday at publication.
