Key facts
- QuickLogic Corporation is expected to be included in the Russell 2000 Index.
- QuickLogic Corporation is expected to be included in the Russell 3000 Index.
- The inclusion is seen as a reflection of the company's growth and commercialization strategy.
QuickLogic Corporation (NASDAQ: QUIK), a developer of embedded FPGA Hard IP, Strategic Radiation Hardened and Antifuse FPGAs, and ruggedized programmable logic solutions, announced that it is expected to be included in the Russell 2000 and Russell 3000 Indexes. This anticipated inclusion is viewed as a positive reflection of the company's growth and commercialization strategy. The Russell 3000 Index measures the performance of the largest 3,000 U.S. companies based on market capitalization, representing approximately 98% of the U.S. equity market. The Russell 2000 Index is a stock market index that tracks the performance of 2,000 small-cap U.S. companies and is a subset of the Russell 3000 Index. Inclusion in Russell indices can increase a stock's visibility and liquidity, as index funds and ETFs must buy shares to track the index.