Welcome to The Forum

Register now to gain access to all of our features. Once registered and logged in, you will be able to create topics, post replies to existing threads

Apple To Lose Weighting In Russell Index, Shares Could Fall


Ron Burgundy
 Share

Recommended Posts

The Apple logo is pictured behind the clock at Grand Central Terminal in the Manhattan borough of New YorkBy Rodrigo Campos NEW YORK (Reuters) - After dropping more than $200 billion in market capitalization in one year, Apple shares could fall further as they are set to lose their weighting and be reclassified in the annual reconstitution of the widely followed Russell indexes. When all is said and done, about $1.3 billion more will be sold in Apple Inc shares at the market close on Friday, when the reconstitution of the Russell indexes takes effect, according to an analysis by Credit Suisse. (Graphic: http://fingfx.thomsonreuters.com/gfx/rngs/USA-STOCKS/0100209C0Q5/USA-APPLE-RUSSELL. ...




View the full article
Link to comment
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

 Share