Latest news with #indexinclusion
Yahoo
2 days ago
- Business
- Yahoo
Why Krispy Kreme Stock Skyrocketed Today
Krispy Kreme stock rose after being included in new indexes. The index inclusion meant that ETFs and other funds had to buy the stock in order to reflect the new compositions. Even with a big valuation gain today, Krispy Kreme stock is still down more than 70% year to date. 10 stocks we like better than Krispy Kreme › Krispy Kreme (NASDAQ: DNUT) stock closed out Monday's trading with big gains. The company's share price rose 9.8% in a day of trading that saw the S&P 500 index and the Nasdaq Composite index rise 0.5% and 0.4%, respectively, and set new record highs. The stock had been up as much as 11.7% before pulling back before the day's close. In addition to bullish momentum across the broader market, Krispy Kreme stock was pushed higher thanks to inclusion in new indexes. Despite today's pop, the doughnut specialist's share price is still down 71% across 2025's trading. As part of the annual recombination of Russell indexes that occurs at the midyear point, Krispy Kreme stock has been included in the Russell 2000 Value index, the Russell 2500 Value index, the Russell Small Cap Comp Value index, and the Russell 3000E Value index. Due to the recombination, exchange-traded funds (ETFs) and other funds that track these indexes have to buy Krispy Kreme stock in order to reflect its inclusion. Along with positive momentum lifting the broader market today, buying action from the new index inclusions helped Krispy Kreme shares see a strong rally today. The stock had also been facing downward pressures recently following the ending of the company's partnership with McDonald's, but shares are now down just 1% over the last month. Krispy Kreme has been struggling to energize its growth engine. The business saw revenue fall roughly 15% year over year to $357.2 million in the quarter, and the business posted a non-GAAP (adjusted) loss per share of $0.05 in the period -- swinging from a profit of $0.07 per share in last year's quarter. Now valued at roughly $496 million, Krispy Kreme is trading at just 32% of this year's expected sales. While the company may look cheap on that valuation basis, signs that the business' sales and margins can stabilized may be needed in order for the stock to see a sustained rally. Before you buy stock in Krispy Kreme, consider this: The Motley Fool Stock Advisor analyst team just identified what they believe are the for investors to buy now… and Krispy Kreme wasn't one of them. The 10 stocks that made the cut could produce monster returns in the coming years. Consider when Netflix made this list on December 17, 2004... if you invested $1,000 at the time of our recommendation, you'd have $713,547!* Or when Nvidia made this list on April 15, 2005... if you invested $1,000 at the time of our recommendation, you'd have $966,931!* Now, it's worth noting Stock Advisor's total average return is 1,062% — a market-crushing outperformance compared to 177% for the S&P 500. Don't miss out on the latest top 10 list, available when you join . See the 10 stocks » *Stock Advisor returns as of June 30, 2025 Keith Noonan has no position in any of the stocks mentioned. The Motley Fool has no position in any of the stocks mentioned. The Motley Fool has a disclosure policy. Why Krispy Kreme Stock Skyrocketed Today was originally published by The Motley Fool Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Argaam
3 days ago
- Business
- Argaam
MSX in talks with FTSE, MSCI to join global, emerging market indices: CEO
Muscat Stock Exchange (MSX) is working closely with FTSE and MSCI to upgrade the market for inclusion in global and emerging markets indices, CEO Haitham Al Salmi told Argaam. In an interview on the sidelines of the HSBC GCC Exchanges Conference 2025 in London, Al Salmi noted that the merger of Sohar International Bank and Alizz Islamic Bank will create a third large-cap company that meets index inclusion criteria, boosting the market's chances of being added to the watchlist. He emphasized that the focus remains on enhancing free float and liquidity, pointing out that the market already meets the technical requirements for an upgrade. MSX is also strengthening its fundamentals to attract more investment, including the planned launch of ETFs in collaboration with brokers, with a particular focus on the top five listed companies. Al Salmi highlighted the launch of the "Promising Companies Market" as an alternative investment platform, similar to growth markets in the region. The new market aims to list small, medium-sized, and family-owned businesses and is distinguished by the absence of market capitalization limits. It also offers various incentives, such as tax exemptions, priority in government tenders and privileges, and expedited access to government services and facilities. He added that the introduction of liquidity provision services and the activation of market makers have helped double trading volumes and significantly enhance liquidity. A third fund is currently being prepared for launch, and companies are increasingly acknowledging the importance of liquidity by appointing providers and expanding their mandates. The CEO also noted that integration with the Abu Dhabi and Bahrain markets has attracted additional brokers, with four firms now licensed as cross-border market makers and liquidity providers. The conference serves as an important platform to connect with investors, particularly since London is a key center for asset and portfolio managers investing in the Middle East and the Gulf. He stated that the event offers a valuable opportunity to highlight Oman's investment story, the progress made, and the attractive opportunities available in the market. This year, eight Omani companies participated in the conference, reflecting strong investor interest in the Omani market. Most of the participating companies are recently listed with strong capital bases and high liquidity, making them attractive to investors. The Omani delegation also included a government official to discuss economic diversification, Oman Vision 2040, and its impact on market development. Al Salmi added that Oman has opened its market to international investors since the enactment of the Foreign Investment Law in 2019, which removed limits on foreign ownership. The market is now fully open to investors of all nationalities, both individuals and institutions. He also pointed out that the government abolished withholding tax three years ago, meaning there are no taxes on profits or capital gains, and all returns go directly to investors. In conclusion, Al Salmi reaffirmed MSX's commitment to securing an index upgrade by further improving market liquidity. This is evidenced by the recent launch of international market-making services, with the first global market maker beginning operations in Oman last week through an exchange hub—highlighting growing international interest in the Omani capital market.
Associated Press
27-05-2025
- Business
- Associated Press
Nexxen Announced as a Preliminary Addition to the Russell 3000 Index
NEW YORK, May 27, 2025 (GLOBE NEWSWIRE) -- Nexxen International Ltd. (NASDAQ: NEXN) ('Nexxen' or the 'Company'), a global, flexible advertising technology platform with deep expertise in data and advanced TV, today announced that it has been named a preliminary addition to the Russell 3000 Index, following the release of FTSE Russell's list of 2025 index additions. Final inclusion is expected to take effect after the U.S. market opens on June 30, 2025, as part of the Russell indexes' annual reconstitution, effective after market close on June 27, 2025. Membership in the Russell 3000 Index also results in automatic inclusion in the small-cap Russell 2000 Index, as well as the appropriate growth and value style indexes. Nexxen's inclusion marks another significant milestone, underscoring the Company's execution, growth trajectory and expanding visibility among U.S. investors. The development follows structural enhancements made in February 2025, when Nexxen exchanged its former Nasdaq-listed ADRs for Ordinary Shares and streamlined to a single U.S. listing — a move the Company believes played a pivotal role in meeting the eligibility criteria for index inclusion. 'We are proud to be selected for inclusion in the Russell 3000 Index which represents a meaningful recognition of Nexxen's momentum and the value we're delivering to shareholders through strong execution and our strategic shift to a streamlined trading structure,' said Ofer Druker, Chief Executive Officer of Nexxen. 'This milestone reflects the strength of our strategy, the power of our robust technology platform, and the growing impact we are having in shaping the global advertising technology ecosystem — made possible by our talented employees and the continued support of our stakeholders who believe in our journey.' About Nexxen Nexxen empowers advertisers, agencies, publishers and broadcasters around the world to utilize data and advanced TV in the ways that are most meaningful to them. Our flexible and unified technology stack comprises a demand-side platform ('DSP') and supply-side platform ('SSP'), with the Nexxen Data Platform at its core. With streaming in our DNA, Nexxen's robust capabilities span discovery, planning, activation, monetization, measurement and optimization – available individually or in combination – all designed to enable our partners to achieve their goals, no matter how far-reaching or hyper niche they may be. Nexxen is headquartered in Israel and maintains offices throughout the United States, Canada, Europe and Asia-Pacific, and is traded on Nasdaq (NEXN). For more information, visit For further information please contact: Nexxen International Ltd. Billy Eckert, Vice President of Investor Relations [email protected] Caroline Smith, Vice President of Communications [email protected] Forward Looking Statements This press release contains forward-looking statements, including forward-looking statements within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities and Exchange Act of 1934, as amended. Forward-looking statements are identified by words such as 'anticipates,' 'believes,' 'expects,' 'intends,' 'may,' 'can,' 'will,' 'estimates,' and other similar expressions. However, these words are not the only way Nexxen identifies forward-looking statements. All statements contained in this press release that do not relate to matters of historical fact should be considered forward-looking statements, including without limitation statements regarding Nexxen being announced as a preliminary addition to the Russell 3000 Index and Russell 2000 Index, and anticipated benefits related to being included in the Russell 3000 Index and Russell 2000 Index, as well as any other statements related to Nexxen's future financial results and operating performance. These statements are neither promises nor guarantees but involve known and unknown risks, uncertainties and other important factors that may cause Nexxen's actual results, performance or achievements to be materially different from its expectations expressed or implied by the forward-looking statements. Nexxen cautions you not to place undue reliance on these forward-looking statements. For a more detailed discussion of these factors, and other factors that could cause actual results to vary materially, interested parties should review the risk factors listed in the Company's most recent Annual Report on Form 20-F, filed with the U.S. Securities and Exchange Commission ( ) on March 5, 2025. Any forward-looking statements made by Nexxen in this press release speak only as of the date of this press release, and Nexxen does not intend to update these forward-looking statements after the date of this press release, except as required by law. Nexxen, and the Nexxen logo are trademarks of Nexxen International Ltd. in the United States and other countries. All other trademarks are the property of their respective owners. The use of the word 'partner' or 'partnership' in this press release does not mean a legal partner or legal partnership.
