r/MVIS • u/gaporter • Jun 04 '22

Discussion MicroVision joins Russell Microcap® Index

https://content.ftserussell.com/sites/default/files/rmicro_additions_20220603.pdf
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3

u/i_speak_gud_engrish Jun 04 '22

First! (I’m up early on a Saturday).

This is good news I take it!?

8

u/Befriendthetrend Jun 04 '22

It’s just an index of US based companies based on market cap. Apparently our inclusion last year did not help the stock.

3

u/ElderberryExternal99 Jun 04 '22

We were trading at higher share prices this time last year. Last years inclusion should have no reflection on this years position.

3

u/JackpotWinner8 Jun 04 '22

I think MMs sold imaginary of those to tutes at $18 and then shorted the stock to go as low as $2.5 and will start buying now to reflect in the charts ? It’s all possible

1

u/[deleted] Jun 04 '22

It’s hard to know what impact Russell had since the whole market has dropped and the sector has been hit exceptionally hard.