GTx Added to the Russell 3000® Index
June 25 2018 - 7:00AM
Business Wire
GTx, Inc. (Nasdaq: GTXI) today announced that it has been
added to the Russell 3000® Index as part of the Russell U.S.
Indexes annual reconstitution. The addition will take effect after
the U.S. market opens on June 25.
Annual Russell U.S. Indexes reconstitution captures the 4,000
largest U.S. stocks as of May 11, ranking them by total market
capitalization. Membership in the Russell 3000® Index, which
remains in place for one year, means automatic inclusion in the
large-cap Russell 1000® Index or small-cap Russell 2000® Index as
well as the appropriate growth and value style indexes. FTSE
Russell determines membership for its Russell U.S. Indexes
primarily by objective, market-capitalization rankings and style
attributes.
Russell U.S. 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 U.S. Indexes.
Russell U.S. Indexes are part of FTSE Russell, a leading global
index provider.
About GTx
GTx, Inc., headquartered in Memphis, Tenn., is a
biopharmaceutical company dedicated to the discovery, development
and commercialization of medicines to treat serious and/or
significant unmet medical conditions, including stress urinary
incontinence and prostate cancer.
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version on businesswire.com: https://www.businesswire.com/news/home/20180625005156/en/
Investor Contact:Argot PartnersKimberly Minarovich,
212-600-1902orSam Martin, 212-600-1902orMedia Contact:Red
House ConsultingDenise Powell,
510-703-9491denise@redhousecomms.com
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