Hall of Fame Resort and Entertainment Company Announces Membership into the Russell 3000® Index
Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) announced its preliminary inclusion in the Russell 3000® Index, effective June 28. This recognition signifies the company's strategic growth and development since its public debut. The Russell 3000® membership ensures automatic inclusion in either the Russell 1000® or Russell 2000® Index, enhancing its market visibility. President and CEO Michael Crawford emphasized the ongoing efforts to evolve into a leading resort and sports entertainment entity.
- Preliminary inclusion in the Russell 3000® Index enhances market visibility.
- Membership will likely lead to automatic inclusion in the Russell 1000® or Russell 2000® Index.
- Recognition indicates strategic growth since becoming publicly traded.
- None.
Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW), the only resort, entertainment and media company centered around the power of professional football, has been preliminarily added as a member to the Russell 3000® Index, effective after the US market opens on June 28, as part of the 2021 Russell indexes reconstitution. Membership in the US all-cap Russell 3000® Index, which remains in place for one year, means automatic inclusion in the large-cap Russell 1000® Index or small-cap Russell 2000® Index as well as the appropriate growth and value style indexes.
“We are honored to be included in the Russell 3000® index with future membership into the small-cap Russell 2000® Index. We are proud of how we are building a world-class resort and sports entertainment company and being listed as part of the Russell Indexes is a testament to all of the work that the team has put in,” stated President and CEO Michael Crawford. “Since becoming a publicly traded company last summer, we have strategically been building upon our three business verticals, added depth and experience to the management team, and executed on all fronts to best position the Company for long-term growth.”
About Hall of Fame Resort & Entertainment Company
Hall of Fame Resort & Entertainment Company (NASDAQ: HOFV, HOFVW) is a resort and entertainment company leveraging the power and popularity of professional football and its legendary players in partnership with the Pro Football Hall of Fame. Headquartered in Canton, Ohio, the Hall of Fame Resort & Entertainment Company is the owner of the Hall of Fame Village powered by Johnson Controls, a multi-use sports, entertainment and media destination centered around the Pro Football Hall of Fame's campus. Additional information on the Company can be found at www.HOFREco.com.
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