Tandem Diabetes Care Added to Russell 2000® and Russell 3000® Indexes
(Logo: http://photos.prnewswire.com/prnh/20131220/LA37333LOGO)
"Being added to the Russell 2000 and Russell 3000 Indexes creates an opportunity to increase our overall visibility among key institutional investors," said Kim Blickenstaff, president and CEO of Tandem. "We believe that added exposure is ultimately beneficial to the company, our shareholders, and our customers."
The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity market and is a subset of the Russell 3000®, representing approximately 10 percent of the total market capitalization of that index. Membership in the Russell 2000® Index includes automatic inclusion in the appropriate growth and style indexes.
Russell indices are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. Russell Investments determines membership for each index based on objective market capitalization rankings and style attributes. More than
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