|
NVE to Join Russell 3000 and Russell 2000 Indexes
EDEN PRAIRIE, Minn.—May 22, 2023—NVE Corporation is set to join the
Russell 3000 and Russell 2000 Indexes effective at the conclusion of the 2023
Russell indexes annual reconstitution, effective after the U.S. market opens on
June 26, 2023, according to a preliminary list of additions posted May 19,
2023.
Russell reports that approximately $12.1 trillion in assets are benchmarked
against Russell’s U.S. indexes.
Links to Russell and other indexes that include NVE can be found in the “Investors”
section of NVE’s website (www.nve.com).
NVE is a leader in the practical commercialization of spintronics, a nanotechnology
that relies on electron spin rather than electron charge to acquire, store and
transmit information. The company manufactures high-performance spintronic products
including sensors and couplers that are used to acquire and transmit data.
Statements used in this announcement that relate to future plans, events, or
performance are forward-looking statements that are subject to certain risks and
uncertainties including, among others the risk factors listed from time to time
in our filings with the SEC, including our Annual Report on Form 10-K and other
reports filed with the SEC.
### |
