{"id":505476,"date":"2021-06-22T09:03:45","date_gmt":"2021-06-22T13:03:45","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/fubotv-set-to-join-russell-3000-index\/"},"modified":"2021-06-22T09:03:45","modified_gmt":"2021-06-22T13:03:45","slug":"fubotv-set-to-join-russell-3000-index","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/fubotv-set-to-join-russell-3000-index\/","title":{"rendered":"fuboTV Set to Join Russell 3000\u00ae Index"},"content":{"rendered":"

<\/p>\n

fuboTV Set to Join Russell 3000\u00ae<\/sup> Index<\/b><\/p>\n

NEW YORK–(BUSINESS WIRE<\/a>)–
\nfuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, is set to join the broad-market Russell 3000\u00ae<\/sup><\/b>Index at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, according to a preliminary list of additions posted June 4.\n<\/p>\n

\nAnnual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 7, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000\u00ae<\/sup> Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000\u00ae<\/sup> Index or small-cap Russell 2000\u00ae<\/sup> Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings and style attributes.\n<\/p>\n

\n\u201cWe are pleased with the interest fuboTV has received from the investor community in such a short period following our listing on the New York Stock Exchange last October,\u201d said David Gandler, co-founder and CEO, fuboTV. \u201cThe addition of fuboTV to the Russell 3000\u00ae<\/sup> Index is an important milestone for the company as we stay laser-focused on defining a new category of interactive television while delivering significant shareholder value.\u201d\n<\/p>\n

\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $10.6 trillion in assets are benchmarked against Russell\u2019s U.S. indexes. Russell indexes are part of FTSE Russell, a leading global index provider.\n<\/p>\n

\nFor more information on the Russell 3000\u00ae<\/sup> Index and the Russell indexes reconstitution, go to the \u201cRussell Reconstitution\u201d section on the FTSE Russell website<\/a>.\n<\/p>\n

About fuboTV<\/span><\/b><\/p>\n

\nWith a mission to provide the world\u2019s most thrilling sports-first live TV experience through the greatest breadth of premium content, interactivity and integrated wagering, fuboTV Inc. (NYSE: FUBO) is focused on bringing to life its vision of a streaming platform that transcends the industry\u2019s current virtual MVPD model. fuboTV Inc. operates in the U.S., Canada and Spain.\n<\/p>\n

\nLeveraging its proprietary data and technology platform optimized for live TV and sports viewership, fuboTV Inc. aims to turn passive viewers into active participants and define a new category of interactive television. Through its cable TV replacement product, fuboTV<\/a>, subscribers can stream a broad mix of 100+ live TV channels, including 42 of the top 50 Nielsen-ranked networks across sports, news and entertainment \u2014 more than any other live TV streaming platform (source: Nielsen Total Viewers, 2020). fuboTV intends to add interactivity to its streaming experience with the launch of a predictive free-to-play gaming app in Q3 2021.\n<\/p>\n

\nFubo Gaming Inc., a subsidiary of fuboTV Inc., expects to launch Fubo Sportsbook, a comprehensive sports entertainment experience through sports betting, in Q4 2021, subject to obtaining requisite regulatory approvals.\n<\/p>\n

About FTSE Russell<\/span><\/b><\/p>\n

\nFTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. FTSE Russell calculates thousands of indexes that measure and benchmark markets and asset classes in more than 70 countries, covering 98% of the investable market globally.\n<\/p>\n

\nFTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $17.9 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create ETFs, structured products and index-based derivatives.\n<\/p>\n

\nA core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on applying the highest industry standards in index design and governance and embraces the IOSCO Principles. FTSE Russell is also focused on index innovation and customer partnerships as it seeks to enhance the breadth, depth and reach of its offering.\n<\/p>\n

\nFTSE Russell is wholly owned by London Stock Exchange Group.\n<\/p>\n

\nFor more information, visit www.ftserussell.com<\/a>.\n<\/p>\n

Cautionary Note Regarding Forward-Looking Statements<\/span><\/p>\n

\nThis press release contains forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements are neither historical facts nor assurances of future performance. Instead, they are based on the current beliefs, expectations and assumptions of fuboTV and on information currently available to fuboTV. The forward-looking statements in this press release represent fuboTV\u2019s views as of the date of this press release. These statements may include, but are not limited to, statements regarding future events or future financial and operating performance, including revenue and subscriber guidance and efforts to implement sports wagering into our product. Although fuboTV believes the expectations reflected in such forward-looking statements are reasonable, fuboTV can give no assurance that such expectations will prove to be correct. Forward-looking statements may involve known and unknown risks, uncertainties and other factors that may cause fuboTV\u2019s actual results, performance or achievements to be materially different from those expressed or implied by the forward-looking statements. Accordingly, readers are cautioned not to place undue reliance on these forward-looking statements. Except as required by applicable law, fuboTV does not plan to publicly update or revise any forward-looking statements contained herein, whether as a result of any new information, future events, changed circumstances or otherwise. No representations or warranties (expressed or implied) are made about the accuracy of any such forward-looking statements. Important factors that could cause fuboTV\u2019s actual results to differ materially are detailed from time to time in the reports fuboTV files with the Securities and Exchange Commission, copies of which are available on the Securities and Exchange Commission\u2019s website at www.sec.gov<\/a> and are available from fuboTV without charge. However, new risk factors and uncertainties may emerge from time to time, and it is not possible to predict all risk factors and uncertainties.\n<\/p>\n

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20210622005168\/en\/<\/a><\/span><\/p>\n

\nInvestor Contact:
\n
The Blueshirt Group for fuboTV
\n
ir@fubo.tv<\/a><\/p>\n

\nMedia Contacts:
\n
Jennifer L. Press, fuboTV
\n
jpress@fubo.tv<\/a><\/p>\n

\nKatie Minogue, fuboTV
\n
kminogue@fubo.tv<\/a><\/p>\n

KEYWORDS:<\/b> United States North America New York<\/p>\n

INDUSTRY KEYWORDS:<\/b> Telecommunications Internet Audio\/Video General Entertainment Mobile Entertainment Technology Mobile\/Wireless Entertainment<\/p>\n

MEDIA:<\/b><\/p>\n\n\n\n\n
Logo<\/b><\/font><\/td>\n<\/tr>\n
\"Logo\"<\/td>\n<\/tr>\n
<\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"

fuboTV Set to Join Russell 3000\u00ae Index NEW YORK–(BUSINESS WIRE)– fuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, is set to join the broad-market Russell 3000\u00aeIndex at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, according to a preliminary list of additions posted June 4. Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 7, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000\u00ae Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000\u00ae Index or small-cap Russell 2000\u00ae Index as well as the appropriate growth and value style indexes. FTSE Russell determines … <\/p>\n

Continue reading “fuboTV Set to Join Russell 3000\u00ae Index”<\/span><\/a><\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[],"tags":[],"class_list":["post-505476","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nfuboTV Set to Join Russell 3000\u00ae Index - Market Newsdesk<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.marketnewsdesk.com\/index.php\/fubotv-set-to-join-russell-3000-index\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"fuboTV Set to Join Russell 3000\u00ae Index - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"fuboTV Set to Join Russell 3000\u00ae Index NEW YORK–(BUSINESS WIRE)– fuboTV Inc. (NYSE: FUBO), the leading sports-first live TV streaming platform, is set to join the broad-market Russell 3000\u00aeIndex at the conclusion of the 2021 Russell indexes annual reconstitution, effective after the U.S. market opens on June 28, according to a preliminary list of additions posted June 4. Annual Russell indexes reconstitution captures the 4,000 largest U.S. stocks as of May 7, ranking them by total market capitalization. Membership in the U.S. all-cap Russell 3000\u00ae Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000\u00ae Index or small-cap Russell 2000\u00ae Index as well as the appropriate growth and value style indexes. 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