Harte Hanks (HHS) Stock Price: Why It Increased 4.69% 

By Amit Chowdhry ● Jun 8, 2022
  • The stock price of Harte Hanks Inc (NASDAQ: HHS) increased by 4.69% in the previous trading session. This is why.

The stock price of Harte Hanks Inc (NASDAQ: HHS) increased by 4.69% in the previous trading session. Investors responded positively to Harte Hanks being set to join the Russell Microcap Index at the conclusion of the 2022 Russell indexes annual reconstitution, effective after the US market opens on June 27, according to a preliminary list of additions posted on June 3.

Membership in the Russell Microcap Index, which remains in place for one year, means automatic inclusion in the appropriate growth and value style indexes. And FTSE Russell determines membership for its Russell indexes primarily by objective, market-capitalization rankings, and style attributes.

KEY QUOTE:

“Being added to the Russell Microcap index, just a few months after returning to a national exchange with our NASDAQ uplisting, represents the culmination of our turnaround. This achievement should expand our visibility and liquidity, exposing Harte Hanks to index-focused investors.”

— Harte Hanks CEO, Brian Linscott

Disclaimer: This content is intended for informational purposes. Before making any investment, you should do your own analysis.