Meta Platforms' return to growth index highlights annual Russell refresh
NEW YORK (Reuters) -Meta Platforms will return to its former status as a full growth stock after financial data provider FTSE Russell finishes its annual shakeup of its stock index components on Friday. The so-called Russell Reconstitution is important because it causes portfolio managers to scramble to readjust their holdings to better align with their benchmarks - and it often results in one of the heaviest stock trading days of the year. Every year, FTSE Russell reconstitutes, or refreshes, t
Source: aol.com
