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Article: LookSmart, Ltd. Added to the Russell Microcap Index.
- Article from:
- Business Wire
- Article date:
- June 30, 2008
CopyrightCOPYRIGHT 2008 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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SAN FRANCISCO -- LookSmart, Ltd. (NASDAQ:LOOK) today announced that its stock has been added to the Russell Microcap Index.
The Russell Microcap Index measures the performance of the microcap segment, and is comprised of the smallest 1,000 securities in the small-cap Russell 2000[R] Index plus the next 1,000 securities below the index. Annual reconstitution of Russell's U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. On June 27, 2008, the newly reconstituted Russell U.S. indexes became effective at the close of the U.S. markets and will remain in place for one year.
"We are pleased to ...