Telaria, Inc. To Join Russell 3000® Index
NEW YORK--(BUSINESS WIRE)--Jun 13, 2018--Telaria, Inc. (NYSE:TLRA) the complete software platform for publishers to manage premium video advertising, today announced that the company will be added to the broad-market Russell 3000 ® Index effective after the U.S. market opens on June 25, 2018, according to a list of additions posted by the Russell Index on June 8, 2018.
Annual Russell U.S. Indexes reconstitution captures the 4,000 largest US stocks as of May 11, ranking them by total market capitalization. Membership in the Russell 3000 ® Index, which remains in place for one year, means automatic inclusion in the small-cap Russell 2000 ® Index as well as the appropriate growth and value style indexes. FTSE Russell determines membership for its Russell US Indexes primarily by objective, market-capitalization rankings and style attributes.
“We are pleased to have been included in the Russell 3000 ® Index,” said Mark Zagorski, CEO of Telaria. “This is a positive confirmation of our strategy to remain laser focused on the fast-growing video and Advanced TV advertising space and in the process continue to deliver shareholder value.”
Russell US Indexes are widely used by investment managers and institutional investors as the basis for index funds and as benchmarks for active investment strategies. Approximately $9 trillion in assets are benchmarked against Russell US Indexes. Russell US Indexes are part of FTSE Russell, a leading global index provider.
For more information on the Russell 3000 ® Index and the Russell US Indexes reconstitution, go to the “Russell Reconstitution” section on the FTSE Russell website.
Telaria, Inc. (NYSE: TLRA), is a complete software platform to manage premium video advertising. We engineer the most robust suite of analytics, automated decisioning, and integrated programmatic and direct monetization tools in the industry. Global publishers require total command of their business; Telaria’s independent solution empowers unbiased decisions for the best revenue outcomes. Telaria operates out of 13 offices worldwide across North America, EMEA, LATAM and APAC.
About FTSE Russell
FTSE Russell is a leading global index provider creating and managing a wide range of indexes, data and analytic solutions to meet client needs across asset classes, style and strategies. Covering 98% of the investable market, FTSE Russell indexes offer a true picture of global markets, combined with the specialist knowledge gained from developing local benchmarks around the world.
FTSE Russell index expertise and products are used extensively by institutional and retail investors globally. Approximately $16.2 trillion is currently benchmarked to FTSE Russell indexes. For over 30 years, leading asset owners, asset managers, ETF providers and investment banks have chosen FTSE Russell indexes to benchmark their investment performance and create investment funds, ETFs, structured products and index-based derivatives. FTSE Russell indexes also provide clients with tools for asset allocation, investment strategy analysis and risk management.
A core set of universal principles guides FTSE Russell index design and management: a transparent rules-based methodology is informed by independent committees of leading market participants. FTSE Russell is focused on index innovation and customer partnership applying the highest industry standards and embracing the IOSCO Principles. FTSE Russell is wholly owned by London Stock Exchange Group.
For more information, visit www.ftserussell.com.
View source version on businesswire.com:https://www.businesswire.com/news/home/20180613005517/en/
CONTACT: Telaria, Inc.
Andrew Posen, 212-792-2315
Vice President, Head of Investor Relations
Lekha Rao, 646-226-0254
Vice President, Media Relations & Corporate Communications
KEYWORD: UNITED STATES NORTH AMERICA NEW YORK
INDUSTRY KEYWORD: TECHNOLOGY INTERNET SOFTWARE AUDIO/VIDEO COMMUNICATIONS ADVERTISING MARKETING
SOURCE: Telaria, Inc.
Copyright Business Wire 2018.
PUB: 06/13/2018 08:30 AM/DISC: 06/13/2018 08:30 AM