Braze Set to Join Russell 3000 Index
Braze, the leading comprehensive customer engagement platform that enables interactions between consumers and the brands they love, has announced that it will join the Russell 3000 Index following its annual addition of the index. . Russell 2023, effective after the US market opens in June. 26.
The annual Russell Index Supplement captures the 4,000 largest US stocks as of April 28, ranking them by total market capitalization. Membership in the US All Cap Russell 3000® Index, valid for one year, means automatic inclusion in the large-cap Russell 1000® Index or the small-cap Russell 2000® Index , as well as consistent growth and value style indexes. The FTSE Russell determines membership in its Russell indices primarily by objective market capitalization ratings and style attributes.
“We are excited to be included in the internationally recognized Russell 3000 Index,”
“Our inclusion in the Russell 3000 Index will help increase awareness for Braze internationally as we continue to help the world’s best brands create brilliant customer engagement strategies that delight consumers and drive business outcomes.”
Isabelle Winkles, Chief Financial Officer for Braze.
The Russell indexes are widely used by investment managers and institutional investors for index funds and as a benchmark for active investment strategies. About $12.1 trillion in assets are compared to Russell’s US indices. The Russell Index is part of the FTSE Russell, one of the world’s leading index providers.
Braze is a comprehensive customer engagement platform that enables interactions between consumers and the brands they love. With Braze, global brands can ingest and process customer data in real time, organize and optimize contextually relevant cross-channel marketing campaigns, and continuously develop strategies. attract their customers. Braze has been recognized by Fortune as one of Fortune’s Best American Workplaces in Tech 2022, America’s Best Workplaces for Women 2022 by Fortune, Britain’s Best Workplaces 2022 for women according to the Great Workplaces and America’s Best Workplaces 2022 rankings for Fortune Millennials.