- Travelzoo (TZOO, Financial) is expected to join the Russell 3000 and Russell 2000 indexes following FTSE Russell's annual reconstitution.
- The inclusion will become effective after the U.S. market opens on June 27, 2025.
- Approximately $10.6 trillion in assets are benchmarked against Russell's US indexes.
Travelzoo (NASDAQ: TZOO), a leading travel enthusiasts club, has announced that it is anticipated to be added to the prestigious Russell 3000 Index and Russell 2000 Index. This inclusion will take effect following the FTSE Russell's annual reconstitution, which will be finalized after the U.S. market opens on June 27, 2025.
The Russell 3000 Index captures the 3,000 largest U.S. stocks by market capitalization. This inclusion means Travelzoo will also automatically be part of either the large-cap Russell 1000 Index or the small-cap Russell 2000 Index, alongside appropriate growth and value style indexes.
The inclusion in these indexes is a significant milestone for Travelzoo, as the Russell indexes are widely used by investment managers and institutional investors as benchmarks. With around $10.6 trillion in assets benchmarked against these indexes, Travelzoo could see increased visibility and interest from institutional investors.
The selection for the Russell 3000 Index is primarily based on objective, market-capitalization rankings, making it a key indicator of a company's market presence and potential growth. Membership in the index typically remains in place for one year, subject to annual reconstitution.
