{"id":765831,"date":"2023-06-26T06:03:15","date_gmt":"2023-06-26T10:03:15","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/icon-plc-set-to-join-russell-3000-index\/"},"modified":"2023-06-26T06:03:15","modified_gmt":"2023-06-26T10:03:15","slug":"icon-plc-set-to-join-russell-3000-index","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/icon-plc-set-to-join-russell-3000-index\/","title":{"rendered":"ICON plc Set to Join Russell 3000\u00ae Index"},"content":{"rendered":"<p>        <!--.bwalignc { text-align: center; list-style-position: inside }body {font:normal small Arial,Helvetica,sans-serif;color:#000;background-color:#fff;padding:24px;margin:0;} a img {border:0;} h3 {font-size:medium;color:#000;margin:0 0 1em 0; text-align:center;}-->  <\/p>\n<p class=\"bwalignc\"><b>ICON plc Set to Join Russell 3000<sup>\u00ae<\/sup> Index<\/b><\/p>\n<p>DUBLIN&#8211;(<a href=\"http:\/\/www.businesswire.com\">BUSINESS WIRE<\/a>)&#8211;<a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.iconplc.com%2F&amp;esheet=53429464&amp;newsitemid=20230626862892&amp;lan=en-US&amp;anchor=ICON+plc&amp;index=1&amp;md5=3eb6e3e699f9c9612e96c39a6a037557\">ICON plc<\/a>, (NASDAQ: ICLR), is set to join the broad-market Russell 3000<sup>\u00ae <\/sup>Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens today, Monday, June 26.<\/p>\n<p>\nAnnual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, ranking them by total market capitalization, including both the Russell 3000<sup>\u00ae<\/sup> and Russell Microcap<sup>\u00ae<\/sup> Indexes.<\/p>\n<p>\nMembership in the US all-cap Russell 3000<sup>\u00ae<\/sup> Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000<sup>\u00ae<\/sup> Index or small-cap Russell 2000<sup>\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<p>\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<p>\nFor more information on the Russell 3000<sup>\u00ae<\/sup> Index and the Russell indexes reconstitution, go to the \u201cRussell Reconstitution\u201d section on the <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=https%3A%2F%2Fwww.ftserussell.com%2Fresources%2Frussell-reconstitution&amp;esheet=53429464&amp;newsitemid=20230626862892&amp;lan=en-US&amp;anchor=FTSE+Russell+website&amp;index=2&amp;md5=1acaa55820ffe36c1d2b350443f75571\">FTSE Russell website<\/a>.<\/p>\n<p><b>About ICON plc<\/b><\/p>\n<p>\nICON plc is a world-leading healthcare intelligence and clinical research organisation. From molecule to medicine, we advance clinical research providing outsourced services to pharmaceutical, biotechnology, medical device and government and public health organisations. We develop new innovations, drive emerging therapies forward and improve patient lives. With headquarters in Dublin, Ireland, ICON employed approximately 41,150 employees in 109 locations in 53 countries as at March 31, 2023. For further information about ICON, visit: <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.iconplc.com&amp;esheet=53429464&amp;newsitemid=20230626862892&amp;lan=en-US&amp;anchor=www.iconplc.com&amp;index=3&amp;md5=9846246474886d7a5033ebf9e0a8409c\">www.iconplc.com<\/a>.<\/p>\n<p>\nThis press release contains forward-looking statements. These statements are based on management&#8217;s current expectations and information currently available, including current economic and industry conditions. These statements are not guarantees of future performance or actual results, and actual results, developments and business decisions may differ from those stated in this press release. The forward-looking statements are subject to future events, risks, uncertainties and other factors that could cause actual results to differ materially from those projected in the statements, including, but not limited to, the ability to enter into new contracts, maintain client relationships, manage the opening of new offices and offering of new services, the integration of new business mergers and acquisitions, the impact of COVID-19 on our business, as well as other economic and global market conditions and other risks and uncertainties detailed from time to time in SEC reports filed by ICON, all of which are difficult to predict and some of which are beyond our control. For these reasons, you should not place undue reliance on these forward-looking statements when making investment decisions. The word &#8220;expected&#8221; and variations of such words and similar expressions are intended to identify forward-looking statements. Forward-looking statements are only as of the date they are made and we do not undertake any obligation to update publicly any forward-looking statement, either as a result of new information, future events or otherwise. More information about the risks and uncertainties relating to these forward-looking statements may be found in SEC reports filed by ICON, including its Form 20-F, F-1, F-4, S-8, F-3 and certain other reports, which are available on the SEC&#8217;s website at <a rel=\"nofollow\" href=\"https:\/\/cts.businesswire.com\/ct\/CT?id=smartlink&amp;url=http%3A%2F%2Fwww.sec.gov&amp;esheet=53429464&amp;newsitemid=20230626862892&amp;lan=en-US&amp;anchor=http%3A%2F%2Fwww.sec.gov&amp;index=4&amp;md5=618b0ac16e7fc1ff62040de7afd53004\">http:\/\/www.sec.gov<\/a>.<\/p>\n<p><b>ICON\/ICLR-G<\/b><\/p>\n<p><img decoding=\"async\" alt=\"\" src=\"https:\/\/cts.businesswire.com\/ct\/CT?id=bwnews&amp;sty=20230626862892r1&amp;sid=flmnd&amp;distro=nx&amp;lang=en\" style=\"width:0;height:0\" \/><span class=\"bwct31415\" \/><\/p>\n<p id=\"mmgallerylink\"><span id=\"mmgallerylink-phrase\">View source version on businesswire.com: <\/span><span id=\"mmgallerylink-link\"><a href=\"https:\/\/www.businesswire.com\/news\/home\/20230626862892\/en\/\" rel=\"nofollow\">https:\/\/www.businesswire.com\/news\/home\/20230626862892\/en\/<\/a><\/span><\/p>\n<p>\nKate Haven<br \/>\n<br \/>Vice President Investor Relations<br \/>\n<br \/>+1888 381 7923<\/p>\n<p><b>KEYWORDS:<\/b> Ireland Europe<\/p>\n<p><b>INDUSTRY KEYWORDS:<\/b> Health Medical Devices Clinical Trials Research Science Pharmaceutical Biotechnology<\/p>\n<p><b>MEDIA:<\/b><\/p>\n<table cellpadding=\"3\" cellspacing=\"3\">\n<tr>\n<td><font face=\"Arial\" size=\"2\"><b>Logo<\/b><\/font><\/td>\n<\/tr>\n<tr>\n<td><img decoding=\"async\" src=\"https:\/\/mms.businesswire.com\/media\/20230626862892\/en\/602293\/3\/ICON_Positive_logo_PNG_%28nostrap%29.jpg\" alt=\"Logo\" \/><\/td>\n<\/tr>\n<tr>\n<td><font face=\"Arial\" size=\"2\"><\/font><\/td>\n<\/tr>\n<\/table>\n","protected":false},"excerpt":{"rendered":"<p>ICON plc Set to Join Russell 3000\u00ae Index DUBLIN&#8211;(BUSINESS WIRE)&#8211;ICON plc, (NASDAQ: ICLR), 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 today, Monday, June 26. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 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 value style indexes. FTSE Russell determines membership for its Russell indexes primarily by &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/icon-plc-set-to-join-russell-3000-index\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;ICON plc Set to Join Russell 3000\u00ae Index&#8221;<\/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-765831","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.4 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>ICON plc 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\/icon-plc-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=\"ICON plc Set to Join Russell 3000\u00ae Index - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"ICON plc Set to Join Russell 3000\u00ae Index DUBLIN&#8211;(BUSINESS WIRE)&#8211;ICON plc, (NASDAQ: ICLR), 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 today, Monday, June 26. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 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 value style indexes. 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Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 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 value style indexes. 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