can someone smarter than me explain the significance, if any, of being added to an index? is this considered as showing there is strong signs pointing to gains and an index wants to add positive market moving stocks or what? i'm new to all this!
it means funds that follow or mirror the russell will also be buying cytk. june 28 we will see a massive volume day as funds buy for reallocation. the stock may or may not move as much as some people might think