Inseego Corp. Joins Russell 3000 Index

Published 15 hours agoINSG

Inseego Corp. has been added to the prestigious Russell 3000® Index, taking effect after the U.S. market opens on July 1, 2019. Joining this index places Inseego among the 3,000 largest publicly held companies in the U.S., a significant recognition of its growth and prominence in the telecommunications industry.

The inclusion in the Russell 3000® Index is anticipated to boost Inseego's visibility within the investment community. Such exposure is likely to attract more investor interest as the Russell 3000® serves as a benchmark for about 98% of the entire U.S. stock market, according to Inseego's report.

This is not the first time the company, previously known as Novatel Wireless, Inc., has featured in the index. Reuters reported that the predecessor entity was added to the index back on June 25, 2004. The current inclusion underscores Inseego's continued relevance and strategic development within the market.

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