Offerpad Joins Russell 2000® and Russell 3000® Indexes
June 27 2022 - 4:10PM
Business Wire
Offerpad Solutions Inc. (NYSE: OPAD) (“Offerpad”), a leading
tech-enabled platform for residential real estate, announced the
company has joined the broad-market Russell 2000® and Russell 3000®
Indexes effective today.
“Membership in the Russell indexes only seven years since
founding Offerpad and less than a year after becoming a public
company is a great milestone. We appreciate the interest and
engagement we have experienced from investors in the early days as
a public company and we look forward to continuing to share our
strategy to deliver long-term value going forward,” said Brian
Bair, Offerpad’s Chairman and Chief Executive Officer.
Russell indexes are widely used by investment managers and
institutional investors for index funds and as benchmarks for
active investment strategies. Approximately $12 trillion in assets
are benchmarked against Russell's US indexes.
More information on the Russell indexes reconstitution can be
found on the “Russell Reconstitution” section on the FTSE Russell
website.
About Offerpad
Offerpad’s mission is to deliver your best way to buy and sell a
home so you can spend less time ‘real estat-ing’ and more time
living. From cash offers and flexible listing options to mortgages
and buyer services, Offerpad has been helping homeowners since
2015. We pair our local expertise in residential real estate with
proprietary technology to put you in control of the process and
help find the right solution that fits your needs. Visit
Offerpad.com for more information.
#OPAD_IR
View source
version on businesswire.com: https://www.businesswire.com/news/home/20220627005708/en/
Investors Stefanie Layton Investors@offerpad.com
602-706-4905
Media Laura Collins 480-220-0021 Press@offerpad.com
Offerpad Solutions (NYSE:OPAD)
Historical Stock Chart
From Mar 2024 to Apr 2024
Offerpad Solutions (NYSE:OPAD)
Historical Stock Chart
From Apr 2023 to Apr 2024