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FTSE Russell to drop Xiaomi, Luokung from indexes on U S order; scraps AMEC inclusion

FTSE Russell to drop Xiaomi, Luokung from indexes on U S order; scraps AMEC inclusion
reuters.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from reuters.com Daily Mail and Mail on Sunday newspapers.

Romania s Bittnet to buy 35% of Czech IT co Servodata for 1 4 mln euro

Romania s Bittnet to buy 35% of Czech IT co Servodata for 1.4 mln euro Mar 02, 2021 11:08 EEST BUCHAREST (Romania), March 2 (SeeNews) - Romanian IT group Bittnet Systems [BSE:BNET] said that it plans to acquire a 35% stake in Czech IT company Servodata for an estimated 1.4 million euro ($1.7 million). The transaction will be subject to approval at the general meeting of shareholders from both Bittnet and Servodata and is subject to the successful completion of the due diligence process, Bittnet said in a statement filed with the Bucharest Stock Exchange, BVB on Monday. Bittnet s shareholder meeting is scheduled for April 27. In case of successful completion of the investment, the board of directors of Servodata will consist of five members, with two seats belonging to the shareholder Bittnet.

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Analysis: Micro-cap stock surge shows investor risk taking, GameStop effect

Analysis: Micro-cap stock surge shows investor risk taking, GameStop effect
yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.

U S micro-cap stock surge shows investor risk taking, GameStop effect

U.S. micro-cap stock surge shows investor risk taking, GameStop effect Lewis Krauskopf Bookmark Please log in to listen to this story. Also available in French and Mandarin. Log In Create Free Account Getting audio file . This translation has been automatically generated and has not been verified for accuracy. Full Disclaimer Some of the biggest winners on U.S. stock exchanges so far this year have been their smallest members, partly fueled by the GameStop effect, but their gains could be particularly vulnerable if investors get skittish about equities. The Russell Microcap index, whose components have a median market value of about $350 million, has climbed 26% nearly two months into 2021. That gain tops the 4.5% rise for the large-cap S&P 500, whose components’ median market value is about $28 billion, and the performance of benchmark small- and mid-cap stock indexes.

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