Wellgistics Health Included in Russell 2000 and Russell 3000 Indexes

Thursday, May 29, 2025 7:57 am ET1min read

Wellgistics Health has been preliminarily included in the Russell 2000 and Russell 3000 Indexes, marking a milestone in the company's journey. The Russell 2000 Index measures the performance of small-cap companies, and the Russell 3000 Index encompasses the 3,000 largest U.S. companies by market capitalization. This recognition enhances the company's visibility, supports increased institutional interest, and validates its ability to execute on its business plan.

Wellgistics Health, Inc. (NASDAQ: WGRX), a healthcare infrastructure company, has announced its preliminary inclusion in the Russell 2000 and Russell 3000 Indexes as part of the 2025 Russell US Indexes annual reconstitution. The preliminary list of additions and deletions was released on May 23, with final inclusion expected to take effect following the close of the U.S. equity market on June 27, 2025 [1].

The Russell 3000 Index, encompassing the 3,000 largest U.S. companies by market capitalization, represents approximately 98% of the investable U.S. equity market. The Russell 2000 Index, a subset of the Russell 3000, focuses on the small-cap segment. These indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies [2].

Wellgistics Health's inclusion in these indexes marks an important milestone for the company. According to Brian Norton, CEO of Wellgistics Health, "This recognition enhances our visibility among the broader investment community, supports increased institutional interest and ownership in our stock, and serves as strong validation of our team's ability to execute on our business plan and drive value to our shareholders" [1].

Wellgistics Health operates across pharmaceutical distribution, prescription technology, and clinical fulfillment, connecting over 150 direct manufacturer contracts to a nationwide network of over 6,000 independent pharmacies. The company provides real-time prescription hub services, compliance-driven logistics, and patient-first fulfillment solutions, while equipping pharmacies with integrated financial, clinical, and digital tools [1].

This recognition comes amidst a volatile market environment, where small- and mid-cap indexes have faced significant declines. However, U.S. business activity showed signs of improvement in May, as indicated by rising Purchasing Managers' Index readings in both the services and manufacturing sectors [3].

Wellgistics Health's inclusion in the Russell 2000 and Russell 3000 Indexes signals confidence in the company's ability to weather economic uncertainties and benefit from insider activity. Investors should closely monitor the company's performance and future prospects.

References:
[1] https://www.newswire.com/news/wellgistics-health-announces-preliminary-inclusion-in-the-russell-2000-and
[2] https://www.stocktitan.net/news/WGRX/wellgistics-health-announces-preliminary-inclusion-in-the-russell-405tzrlarqp9.html
[3] https://finance.yahoo.com/news/exploring-3-undervalued-small-caps-093942464.html

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