Trump Media selected for Russell 1000 and Russell 3000 Indexes

Trump Media and Technology Group Corp., which run the Truth Social social media platform, announced on Monday it has been selected for inclusion in the Russell 1000 and Russell 3000 Indexes.

"The Russell 3000 Index encompasses the 3,000 largest U.S.-traded stocks by objective, market-capitalization rankings and style attributes. Membership in these indexes is updated annually and remains in place for one year," read a news release. "Approximately $9.1 trillion in assets are benchmarked against Russell's U.S. Indexes."