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Stock impact report

CervoMed Announces Addition to Russell 2000® and Russell 3000® Indexes

CervoMed Inc. (CRVO) 
Company Research Source: GlobeNewswire
BOSTON, June 24, 2024 (GLOBE NEWSWIRE) -- CervoMed Inc. (NASDAQ: CRVO), a clinical stage company focused on developing treatments for age-related neurologic disorders, today announced its expected addition to the Russell 2000® and Russell 3000® Indexes at the conclusion of the 2024 Russell U.S. Indexes annual reconstitution, effective when the U.S. equity markets open on Monday, July 1, 2024, according to the final preliminary list of 2024 additions posted on the FTSE Russell website on June 21st 2024. “Our addition in these widely followed Russell Indexes represents an important achievement for our company and is consistent with the increasing market recognition of the progress we have made in advancing neflamapimod as a potential first-to-market treatment option for patients with DLB,” said John Alam, MD, Chief Executive Officer of CervoMed. “We look forward to the further heightened awareness of our company that inclusion in the Russell Indexes may bring as we get closer to repo Show less Read more
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