Joann Set To Join Russell 2000 Index

by Shivani Kumaresan, Benzinga Staff Writer

June 28, 2021 9:31 AM | 1 min read | Make a Comment

Joann Inc JOAN will join the Russell 2000 Index after the 2021 Russell indexes annual reconstitution.
The addition will be effective after the U.S. market opens on June 28.
“The inclusion of JOANN increases our visibility with investors. It is also a strong validation of the progress we’ve made as a newly public company and as the nation’s largest fabric and crafts retailer,” said Wade Miquelon, CEO.
Russell indexes are part of FTSE Russell, a global index provider which determines membership by objective, market-capitalization rankings, and style attributes.
Price action: JOAN shares are trading higher by 0.72% at $14.76 premarket on the last check Monday.

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