KORE Welcomed to the Russell Microcap® Index, Signaling Recognition of Growth and Market Position
PR Newswire Telecommunications has announced that KORE, a prominent provider of Internet of Things (IoT) connectivity, solutions, and services, has been added to the Russell Microcap® Index. This significant inclusion, effective with the annual reconstitution of the index on July 3, 2025, highlights KORE’s growing influence and established position within the microcap segment of the U.S. equity market.
The Russell Microcap® Index is a widely recognized benchmark that tracks the performance of the smallest U.S. publicly traded companies. Inclusion in this index signifies that a company meets specific market capitalization and liquidity requirements, indicating a healthy and active trading presence. For KORE, this recognition underscores its achievements in expanding its market share and demonstrating robust business performance.
“We are honored to be included in the Russell Microcap® Index,” stated a representative from KORE. “This inclusion is a testament to the dedication of our team, the strength of our IoT solutions, and the confidence investors have placed in our vision. We believe this recognition will further enhance our visibility within the investment community and reflect our ongoing commitment to delivering exceptional value to our customers and stakeholders.”
KORE’s journey to this milestone is marked by a strategic focus on providing comprehensive IoT solutions that empower businesses across a diverse range of industries, including healthcare, transportation, logistics, and smart city initiatives. The company’s expertise in managing complex IoT deployments, from device management and connectivity to data analytics and application development, has positioned it as a trusted partner for organizations seeking to leverage the power of connected technologies.
The Russell Microcap® Index is a component of the broader Russell U.S. Indexes, which are managed by FTSE Russell, a leading global index provider. Companies are added to the index based on their market capitalization at the time of the annual reconstitution. This methodology ensures that the index remains representative of the microcap market.
For KORE, inclusion in the Russell Microcap® Index is anticipated to bring several benefits, including increased investor interest and potential for enhanced liquidity in its stock. It also serves as a validation of the company’s business strategy and its ability to navigate the dynamic landscape of the technology sector.
As KORE continues to innovate and expand its service offerings, its presence in the Russell Microcap® Index marks an important chapter in its corporate development, signaling a positive trajectory and a growing influence within the global IoT ecosystem.
KORE joins the Russell Microcap® Index
AI has delivered the news.
The answer to the following question is obtained from Google Gemini.
PR Newswire Telecommunications published ‘KORE joins the Russell Microcap® Index’ at 2025-07-03 11:00. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.