CareDx set to join Russell 2000, Russell 3000 and Russell Microcap Indexes
June 19 2018 - 9:00AM
CareDx, Inc. (Nasdaq:CDNA), a molecular diagnostics company
focused on the discovery, development and commercialization of
clinically differentiated, high-value diagnostic solutions for
transplant patients, announced today that it is set to join the
Russell 2000, Russell 3000 and Russell Microcap Indexes at the
conclusion of the Russell US Indexes annual reconstitution,
effective after the US market opens on June 25, 2018.
“Inclusion in the Russell Indexes validates the tremendous
strides the company is making with transplant patients, in the
market place and in the investment community,” said Peter Maag,
CareDx President and Chief Executive Officer. “We look forward to
the increased visibility inclusion in these indexes provides
CareDx.”
Membership in the Russell 2000, Russell 3000 and Russell
Microcap Indexes, which remains in place for one year, means
automatic inclusion in the appropriate growth and value style
indexes. FTSE Russell determines membership for its US
Indexes primarily by objective, market-capitalization rankings and
style attributes.
Russell US Indexes are widely used by investment managers and
institutional investors as the basis for index funds and as
benchmarks for active investment strategies. Approximately $9
trillion in assets are benchmarked against Russell US Indexes.
Russell US Indexes are part of FTSE Russell, a leading global index
provider.
About CareDx CareDx,
Inc., headquartered in Brisbane, California, is a molecular
diagnostics company focused on the discovery, development and
commercialization of clinically differentiated, high-value
diagnostic solutions for transplant recipients. CareDx offers
products along the pre- and post-transplant testing continuum.
For more information, please visit: www.CareDx.com.
CONTACT:
Investor RelationsDavid ClairIntegrated Corporate Relations,
Inc.+1 646-277-1266david.clair@icrinc.com
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