{"id":765317,"date":"2023-06-22T06:33:20","date_gmt":"2023-06-22T10:33:20","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/nextdoor-set-to-join-russell-3000-index\/"},"modified":"2023-06-22T06:33:20","modified_gmt":"2023-06-22T10:33:20","slug":"nextdoor-set-to-join-russell-3000-index","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/nextdoor-set-to-join-russell-3000-index\/","title":{"rendered":"Nextdoor Set to Join Russell 3000\u00ae Index"},"content":{"rendered":"

<\/p>\n

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

SAN FRANCISCO–(BUSINESS WIRE<\/a>)–
\nNextdoor Holdings, Inc. (NYSE: KIND), the neighborhood network, is set to join the broad-market Russell 3000\u00ae <\/sup>Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023, according to a preliminary list of additions.<\/p>\n

\nAnnual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 2023, ranking them by total market capitalization, including both the Russell 3000\u00ae<\/sup> and Russell Microcap\u00ae<\/sup> Indexes.<\/p>\n

\nMembership in the US 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.<\/p>\n

\n\u201cWe are pleased to be added to the Russell indexes,\u201d said Nextdoor CEO Sarah Friar. \u201cWe believe Nextdoor\u2019s inclusion will increase our awareness and visibility, providing us with the opportunity to reach a wider set of investors and contributing to our growth and purpose.\u201d<\/p>\n

\nRussell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12.1 trillion in assets are benchmarked against Russell\u2019s US indexes. Russell indexes are part of FTSE Russell, a leading global index provider.<\/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>.<\/p>\n

\nNextdoor uses its Investor Relations website (investors.nextdoor.com<\/a>), its Twitter handle (twitter.com\/Nextdoor<\/a>), LinkedIn Home Page (linkedin.com\/company\/nextdoor-com<\/a>), and Sarah Friar\u2019s LinkedIn posts (https:\/\/www.linkedin.com\/in\/sarah-friar-922b044\/<\/a>) as a means of disseminating or providing notification of, among other things, news or announcements regarding its business or financial performance, investor events, press releases, and earnings releases, and as a means of disclosing material nonpublic information and for complying with its disclosure obligations under Regulation FD.<\/p>\n

About Nextdoor<\/b><\/p>\n

\nNextdoor (NYSE: KIND) is where you connect to the neighborhoods that matter to you so you can belong. Kindness is core to our purpose: to cultivate a kinder world where everyone has a neighborhood they can rely on. Neighbors around the world turn to Nextdoor daily to receive trusted information, give and get help, get things done, and build real-world connections with those nearby \u2014 neighbors, businesses, and public services. Today, neighbors rely on Nextdoor in more than 305,000 neighborhoods across 11 countries. In the U.S., 1 in 3 households uses the network. Nextdoor is based in San Francisco. For additional information and images: nextdoor.com\/newsroom<\/a>.<\/p>\n

About FTSE Russell<\/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.<\/p>\n

\nFTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $20.1 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.<\/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.<\/p>\n

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

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

\"\"<\/p>\n

View source version on businesswire.com: <\/span>https:\/\/www.businesswire.com\/news\/home\/20230622853511\/en\/<\/a><\/span><\/p>\n

\nNextdoor Investor Relations:
\n
Matt Anderson
\n
Arushi Sharma
\n
ir@nextdoor.com
\n<\/a>
or visit investors.nextdoor.com<\/a><\/p>\n

\nNextdoor Media Relations:
\n
David Roady
\n
Antonia Gray
\n
press@nextdoor.com<\/a><\/p>\n

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

INDUSTRY KEYWORDS:<\/b> Software Social Media Internet Finance Communications Professional Services Technology Apps\/Applications<\/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":"

Nextdoor Set to Join Russell 3000\u00ae Index SAN FRANCISCO–(BUSINESS WIRE)– Nextdoor Holdings, Inc. (NYSE: KIND), the neighborhood network, is set to join the broad-market Russell 3000\u00ae Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023, according to a preliminary list of additions. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 2023, ranking them by total market capitalization, including both the Russell 3000\u00ae and Russell Microcap\u00ae Indexes. Membership in the US 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 … <\/p>\n

Continue reading “Nextdoor 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-765317","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"\nNextdoor 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\/nextdoor-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=\"Nextdoor Set to Join Russell 3000\u00ae Index - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"Nextdoor Set to Join Russell 3000\u00ae Index SAN FRANCISCO–(BUSINESS WIRE)– Nextdoor Holdings, Inc. (NYSE: KIND), the neighborhood network, is set to join the broad-market Russell 3000\u00ae Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023, according to a preliminary list of additions. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 2023, ranking them by total market capitalization, including both the Russell 3000\u00ae and Russell Microcap\u00ae Indexes. Membership in the US 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 … Continue reading "Nextdoor Set to Join Russell 3000\u00ae Index"\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.marketnewsdesk.com\/index.php\/nextdoor-set-to-join-russell-3000-index\/\" \/>\n<meta property=\"og:site_name\" content=\"Market Newsdesk\" \/>\n<meta property=\"article:published_time\" content=\"2023-06-22T10:33:20+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&sty=20230622853511r1&sid=flmnd&distro=nx&lang=en\" \/>\n<meta name=\"author\" content=\"Newsdesk\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Newsdesk\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nextdoor-set-to-join-russell-3000-index\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nextdoor-set-to-join-russell-3000-index\\\/\"},\"author\":{\"name\":\"Newsdesk\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/#\\\/schema\\\/person\\\/482f27a394d4fda80ecb5499e519d979\"},\"headline\":\"Nextdoor Set to Join Russell 3000\u00ae Index\",\"datePublished\":\"2023-06-22T10:33:20+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nextdoor-set-to-join-russell-3000-index\\\/\"},\"wordCount\":680,\"image\":{\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nextdoor-set-to-join-russell-3000-index\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/cts.businesswire.com\\\/ct\\\/CT?id=bwnews&sty=20230622853511r1&sid=flmnd&distro=nx&lang=en\",\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nextdoor-set-to-join-russell-3000-index\\\/\",\"url\":\"https:\\\/\\\/www.marketnewsdesk.com\\\/index.php\\\/nextdoor-set-to-join-russell-3000-index\\\/\",\"name\":\"Nextdoor Set to Join Russell 3000\u00ae Index - 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