Nextdoor Holdings (KIND) to Join Russell 3000 Index

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Nextdoor Set to Join Russell 3000® Index

June 22, 2023 6:30 AM EDT

SAN FRANCISCO--(BUSINESS WIRE)-- Nextdoor Holdings, Inc. (NYSE: KIND), the neighborhood network, is set to join the broad-market Russell 3000® Index at the conclusion of the 2023 Russell indexes annual reconstitution, effective after the US market opens on June 26, 2023, according to a preliminary list of additions.

Annual Russell indexes reconstitution captures the 4,000 largest US stocks as of April 28, 2023, ranking them by total market capitalization, including both the Russell 3000® and Russell Microcap® Indexes.

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®... More