Corindus Vascular Robotics Inc. (DE) (CVRS)
Corindus Vascular Robotics Inc. (DE) (CVRS) had a good day on the market for Tuesday June 26 as shares jumped 17.73% to close at $0.86. About 2.83 million shares traded hands on 5,699 trades for the day, compared with an average daily volume of 1.2 million shares out of a total float of 188.79 million. After opening the trading day at $0.75, shares of Corindus Vascular Robotics Inc. (DE) stayed within a range of $0.89 to $0.73.
Corindus Vascular Robotics Inc. (DE) is also a component of the Russell 2000. The Russell 2000 is one of the leading indices tracking small-cap companies in the United States. It’s maintained by Russell Investments, an industry leader in creating and maintaining indices, and consists of the smallest 2000 stocks from the broader Russell 3000 index.
Russell’s indices differ from traditional indices like the Dow Jones Industrial Average (DJIA) or S&P 500, whose members are selected by the committee because they base membership entirely on an objective, rules-based methodology. The 3,000 largest companies by market cap make up the Russell 3000, with the 2,000 smaller companies making up the Russell 2000. It’s a simple approach that gives a broad, unbiased look at the small-cap market as a whole.
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