Caribou Coffee added to Russell stock indexes

Caribou Coffee added to Russell stock indexes
Tags: Coffee / Specialty Beverages, Operations Management
June 30, 2009

MINNEAPOLIS — Caribou Coffee Company Inc. has announced that its stock has been added to the Russell 2000 Index.

Annual reconstitution of Russell's U.S. indexes captures the largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 2000, which remains in place for one year, is based on inclusion in the broad-market Russell 3000 Index.

Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for both passive and active investment strategies. The reconstitution for the Russell 3000 Index took effect June 26 after the close of the U.S. markets. Final membership is posted on the Russell Web site.

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