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NEW YORK (Reuters) -Meta Platforms will return to its former status as a full growth stock after financial data provider FTSE Russell finishes its annual shakeup of its stock index components on Friday. The so-called Russell Reconstitution is important because it causes portfolio managers to scramble to readjust their holdings to better align with their benchmarks - and it often results in one of the heaviest stock trading days of the year. Every year, FTSE Russell reconstitutes, or refreshes, t
NEW YORK, June 21 (Reuters) - Meta Platforms
will return to its former status as a full growth stock after
financial data provider FTSE Russell finishes its annual shakeup
of its stock index components on Friday. .
By Chuck Mikolajczak NEW YORK (Reuters) - Meta Platforms will return to its former status as a full growth stock after financial data provider FTSE Ru.
Meta Platforms' return to growth index highlights annual Russell refresh streetinsider.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from streetinsider.com Daily Mail and Mail on Sunday newspapers.