TSLA
Tesla
-- 421.060 NVDA
NVIDIA
-- 134.700 PLTR
Palantir
-- 80.550 AMD
Advanced Micro Devices
-- 119.210 QUBT
Quantum Computing
-- 17.620 
AMC May Be Joining The Russell 1000, What Does That Mean for Investors?
$AMC Entertainment (AMC.US)$ $Ishares Russell 1000 Etf (IWB.US)$ AMC may join a select group of America's largest publicly listed companies. It's expected to become a Russell 1000 Index holding on June 24, after the index's annual rebalancing.
On May 6, the cutoff date, AMC's market cap was just above $7.5 billion, $7.5 billion. Along with some other criteria, this made the company eligible to join the Russell 1000.
In theory, when a company is promoted or added to an index, it benefits from being lumped in with other, more robust companies. By joining the Russell 1000, AMC will be part of an index where 92% of the entire market capitalization of all U.S.-listed stocks is concentrated. As a result, investor demand may rise, as well as trading volume, making the stock more liquid and desirable.
In the Russell 2000, these companies were among the largest and most dominant. Usually, they were among the top 10 holdings by market cap for much of the year.
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