12:41 PM EDT, 05/28/2024 (MT Newswires) -- Pagaya Technologies ( PGY ) said Tuesday it will join the Russell 2000 Index and the broad-market Russell 3000 index, effective July 1.

Annual Russell index reconstitution includes up to 4,000 of the largest US stocks by market capitalization as of April 30. A preliminary list of additions was posted on Friday.

Shares of Pagaya Technologies ( PGY ) rose past 2% in recent trading activity.

Price: 11.88, Change: +0.26, Percent Change: +2.24