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Stock impact report

Silvaco Announces Expected Addition to Three US Russell Indexes

Silvaco Group, Inc. (SVCO) 
Company Research Source: GlobeNewswire
SANTA CLARA, Calif., Sept. 16, 2024 (GLOBE NEWSWIRE) -- Silvaco Group, Inc. (Nasdaq: SVCO, “Silvaco” or the “Company”), a provider of TCAD, EDA software, and SIP solutions that enable semiconductor design and digital twin modeling through AI software and innovation, announced today that it will be added to the Russell 2000®, Russell 3000® and the Russell Microcap® indexes as part of the Russell indexes' planned third quarter IPO additions. Silvaco is scheduled to be added to these indexes effective Monday, September 23, 2024. “Silvaco’s inclusion in these widely tracked Russell indexes represents another important milestone for our company,” said Babak Taheri, Silvaco’s Chief Executive Officer. “We look forward to the increased visibility this inclusion brings, which will enable us to broaden our shareholder base by reaching a wider range of passive and active investors, including ETFs and other institutional funds,” added Dr. Taheri. Russell indexes are widely used by inv Show less Read more
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