LifeVantage Added to the Russell Global(R) and Russell 2000(R) Indexes
LifeVantage Corporation (Nasdaq: LFVN), a company dedicated to helping people achieve healthy living through a combination of a compelling business opportunity and scientifically validated products, announced that its stock has been added to the Russell Global® and Russell 2000® Indexes.
Douglas C. Robinson, LifeVantage President and Chief Executive Officer, stated, "We are pleased with our inclusion in the Russell Indexes, which are among the most important indexes in the broader market. This will support our goal of enhancing long-term shareholder value and is expected to provide greater awareness and visibility of our company among institutional and retail investors."
The Russell Global® Indexes represent the investable global equity market and its segments comprehensively. Consistent with the design of the family of U.S. Russell Indexes, it represents 98% of the global equity market. The Russell 2000® Index measures the performance of the small-cap segment of the U.S. equity universe. The Russell 2000® is a subset of the Russell 3000® Index representing approximately 10% of the total market capitalization of that index. It includes approximately 2000 of the smallest securities based on a combination of their market cap and current index membership. The Russell 2000® Index is constructed to provide a comprehensive and unbiased small-cap barometer and is completely reconstituted annually to ensure larger stocks do not distort the performance and characteristics of the true small-cap opportunity set.
In addition, the Company has been added to the Russell Microcap® Index, which measures the performance of the microcap segment of the U.S. equity market.
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