- Synchronoss Technologies (SNCR, Financial) joins the US small-cap Russell 2000® Index effective June 30, 2025.
- This inclusion increases visibility among institutional investors and automatically adds SNCR to growth and value indexes.
- About $10.6 trillion in assets are benchmarked against Russell US indexes as of June 2024.
Synchronoss Technologies (NASDAQ: SNCR), a global leader in personal cloud platforms, will be added to the US small-cap Russell 2000® Index on June 30, 2025. This membership, lasting for one year, comes as part of the 2025 Russell indexes reconstitution and includes automatic placement in the corresponding growth and value indexes.
The Russell indexes are critical benchmarks for investment managers and institutional investors, with approximately $10.6 trillion in assets benchmarked against the Russell US indexes as of June 2024. This strategic position in the index is anticipated to enhance Synchronoss's market exposure and attract more visibility from institutional investors.
Jeff Miller, President and CEO of Synchronoss, highlighted the significance of this milestone as a testament to the company's strategic vision of delivering cutting-edge cloud solutions for telecom and mobile operators through advanced AI and machine learning technologies. This development reaffirms the company's business strategy and its standing in the market.
Synchronoss Technologies, based in Bridgewater, New Jersey, empowers service providers with innovative cloud solutions that promote secure connections with subscribers, utilizing AI to streamline processes and enhance user engagement.
