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Listings News: Axcelis Looks To Rejoin Russell 3000

June 24, 2010 (FinancialWire) (Go to http://www.financialwire.net/?s=ftrdnwswnd for all of today’s featured news.) — Axcelis Technologies, Inc. (ACLS) said it expects to rejoin the broad-market Russell 3000 Index. Russell Indexes reconstitute each year; this year's will take place on June 25, 2010 after the market closes.

The annual reconstitution of the Russell's U.S. indexes captures the 4,000 largest U.S. stocks as of the end of May, ranking them by total market capitalization. Membership in the Russell 3000 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. Russell determines membership for its equity indexes primarily by objective, market-capitalization rankings and style attributes. The Russell 3000 also serves as the U.S. component to the Russell Global Index, which Russell launched in 2007.

Axcelis Technologies, Inc., headquartered in Beverly, Massachusetts, provides solutions for the semiconductor industry.

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