{"id":766220,"date":"2023-06-27T07:32:07","date_gmt":"2023-06-27T11:32:07","guid":{"rendered":"https:\/\/www.marketnewsdesk.com\/index.php\/corecard-corporation-joins-russell-3000-index\/"},"modified":"2023-06-27T07:32:07","modified_gmt":"2023-06-27T11:32:07","slug":"corecard-corporation-joins-russell-3000-index","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/corecard-corporation-joins-russell-3000-index\/","title":{"rendered":"CoreCard Corporation Joins Russell 3000\u00ae Index"},"content":{"rendered":"<div class=\"mw_release\">\n<p align=\"justify\">NORCROSS, Ga., June  27, 2023  (GLOBE NEWSWIRE) &#8212; CoreCard Corporation\u00a0(NYSE: CCRD), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, today announced that the Company joined the broad-market Russell 3000<sup>\u00ae<\/sup> Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective June 26.<\/p>\n<p align=\"justify\">\u201cOur placement in this widely used performance benchmark reflects the continued success of the features and functionality offered by the CoreCard platform. With our inclusion in the Russell 3000<sup>\u00ae<\/sup> Index, we look forward to increased exposure to the investment community and other key stakeholders in our story,\u201d said Leland Strange, CEO of CoreCard.<\/p>\n<p align=\"justify\">Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, ranking them by total market capitalization. Membership 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 align=\"justify\">Russell 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 U.S. indexes which are part of FTSE Russell, a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide.<\/p>\n<p align=\"justify\">For more information on the Russell Indexes, please visit the FTSE Russell website at <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=PoJ0gLITe8C6JlQ_PIZ9yBbhdtRkHUqzyawXFVyessZRix6AGmFu1FYCFknF_mW_R-AQnkcAmG7ctdScf1Y6uBAWSQQQRYVAMyl1esaxxCQ=\" rel=\"nofollow noopener\" target=\"_blank\">www.ftserussell.com<\/a>.<\/p>\n<p>\n        <strong>About\u00a0CoreCard Corporation<\/strong>\n      <\/p>\n<p align=\"justify\">CoreCard Corporation\u00a0(NYSE: CCRD) provides the gold standard card issuing platform built for the future of global transactions in an embedded digital world. Dedicated to continual technological innovation in the ever-evolving payments industry backed by decades of deep expertise in credit card offerings,\u00a0CoreCard\u00a0helps customers conceptualize, implement, and manage all aspects of their issuing card programs. Keenly focused on steady, sustainable growth,\u00a0CoreCard\u00a0has earned the trust of some of the largest companies and financial institutions in the world, providing truly real-time transactions via their proven, reliable platform operating on private on-premise and leading cloud technology infrastructure.<\/p>\n<p>\n        <strong>About FTSE Russell<\/strong>\n      <\/p>\n<p align=\"justify\">FTSE 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<p align=\"justify\">FTSE 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<p align=\"justify\">A 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<p align=\"justify\">FTSE Russell is wholly owned by London Stock Exchange Group.<\/p>\n<p align=\"justify\">For more information, visit <a href=\"https:\/\/www.globenewswire.com\/Tracker?data=PoJ0gLITe8C6JlQ_PIZ9yPgSxnZcl13IWs27np5QDZdkqO7ubQ9r0jfccXqPjChLMCcuvtowwbMbkwQn1lDqa2bj5eZRlSsKh56sPAyhIe8=\" rel=\"nofollow noopener\" target=\"_blank\">www.ftserussell.com<\/a>.\u00a0\u00a0<\/p>\n<p>\n        <strong>Forward-Looking Statements<\/strong>\n      <\/p>\n<p align=\"justify\">\n        <em>The forward-looking statements in this press release are made under the \u201csafe harbor\u201d provisions of the Private Securities Litigation Reform Act of 1995. The Company\u2019s actual results could differ materially from those indicated by the forward-looking statements because of various risks and uncertainties including those listed in Item 1A of the Company\u2019s Annual Report on Form 10-K and in the Company\u2019s other filings and reports with the Securities and Exchange Commission. All of the risks and uncertainties are beyond the ability of the Company to control, and in many cases, the Company cannot predict the risks and uncertainties that could cause its actual results to differ materially from those indicated by the forward-looking statements. When used in this press release, the words \u201cbelieves,\u201d \u201cplans,\u201d \u201cexpects,\u201d \u201cwill,\u201d \u201cintends,\u201d \u201ccontinue,\u201d \u201coutlook,\u201d \u201cprogressing,\u201d and \u201canticipates\u201d and similar expressions as they relate to the Company or its management are intended to identify forward-looking statements. Except as required by law, the Company is not obligated to publicly release any revisions to these forward-looking statements to reflect the events or circumstances after the date of this press release or to reflect the occurrence of unanticipated events.<\/em>\n      <\/p>\n<p>\n        <strong>Contact:<\/strong>\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0\u00a0<\/p>\n<p>CoreCard Corporation<br \/>Matthew White, Chief Financial Officer<br \/><a href=\"https:\/\/www.globenewswire.com\/Tracker?data=0yr03oprOS4yqMQbxiTbluyNXVaAdN5pRnx9rHm8ekIAJdEHQ5a2qrKSAVkQ6fapRQSwCHoYnrvRKa-pL2C6YLMPflgUzxJweP5zZywYFHY=\" rel=\"nofollow noopener\" target=\"_blank\">matt@corecard.com<\/a><\/p>\n<p>\u00a0<\/p>\n<p>      <img decoding=\"async\" class=\"__GNW8366DE3E__IMG\" src=\"https:\/\/www.globenewswire.com\/newsroom\/ti?nf=ODg2NDY4NCM1NjY1MjI5IzIwMjY4NzE=\" \/><br \/>\n      <br \/>\n      <img decoding=\"async\" src=\"https:\/\/ml.globenewswire.com\/media\/NWI2NjQ4ZmMtYmUzYS00MGE1LWE2ZTUtYzgzZDM5ZmM4ZGVjLTEwMzg0ODI=\/tiny\/CoreCard-Corporation.png\" \/>\n    <\/div>\n<div class=\"mw_contactinfo\"><\/div>\n","protected":false},"excerpt":{"rendered":"<p>NORCROSS, Ga., June 27, 2023 (GLOBE NEWSWIRE) &#8212; CoreCard Corporation\u00a0(NYSE: CCRD), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, today announced that the Company joined the broad-market Russell 3000\u00ae Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective June 26. \u201cOur placement in this widely used performance benchmark reflects the continued success of the features and functionality offered by the CoreCard platform. With our inclusion in the Russell 3000\u00ae Index, we look forward to increased exposure to the investment community and other key stakeholders in our story,\u201d said Leland Strange, CEO of CoreCard. Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/www.marketnewsdesk.com\/index.php\/corecard-corporation-joins-russell-3000-index\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;CoreCard Corporation Joins 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-766220","post","type-post","status-publish","format-standard","hentry"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.6 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>CoreCard Corporation Joins 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\/corecard-corporation-joins-russell-3000-index\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"CoreCard Corporation Joins Russell 3000\u00ae Index - Market Newsdesk\" \/>\n<meta property=\"og:description\" content=\"NORCROSS, Ga., June 27, 2023 (GLOBE NEWSWIRE) &#8212; CoreCard Corporation\u00a0(NYSE: CCRD), the leading provider of innovative credit technology solutions and processing services to the financial technology and services market, today announced that the Company joined the broad-market Russell 3000\u00ae Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective June 26. \u201cOur placement in this widely used performance benchmark reflects the continued success of the features and functionality offered by the CoreCard platform. With our inclusion in the Russell 3000\u00ae Index, we look forward to increased exposure to the investment community and other key stakeholders in our story,\u201d said Leland Strange, CEO of CoreCard. 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With our inclusion in the Russell 3000\u00ae Index, we look forward to increased exposure to the investment community and other key stakeholders in our story,\u201d said Leland Strange, CEO of CoreCard. 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