From NASDAQ to the Russell 2000 and 3000 Index, RideNow is riding on Wall Street! RideNow Group, Inc. (NASDAQ: RDNW) announced it is joining the small-cap Russell 2000 Index and the broad-market Russell 3000 Index as part of the 2026 reconstitution of the Russell US Indexes. The reconstituted indexes will take effect after the U.S. equity market close on Friday, June 26, 2026.
“We are incredibly proud to join the Russell 2000 and 3000 indexes,” said Michael Quartieri, RideNow Chairman, CEO, and President. “This inclusion marks an important milestone for us and validates all of our hard work over the last year, as well as reinforces our strategic path forward. This is a testament to our commitment to driving value for our shareholders.”
For those of us on Main Street USA instead of Wall Street, FTSE Russell is a global index leader that provides innovative benchmarking, analytics and data solutions for investors worldwide. 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. FTSE Russell index expertise and products are used extensively by institutional and retail investors globally.
For RideNow, membership in the US all-cap Russell 3000 Index guarantees automatic inclusion in the small-cap Russell 2000 Index, as well as the appropriate growth and value style indexes. The Russell reconstitution ranks eligible U.S. companies by total market capitalization to ensure the indexes remain an accurate reflection of the current market.
Quartieri concludes, “We believe this milestone will significantly enhance our visibility within the investment community and help us broaden our institutional shareholder base as we continue our operational improvements.” Check out the current issue for a deep dive into RideNow’s Q1 financials:
