GameStop Moves to Russell 1000; AMC Stays in Small-Cap Index

(Bloomberg) — GameStop Corp. will join the FTSE Russell 1000 Index of large-capitalization stocks and AMC Entertainment Holdings Inc. will remain in the Russell 2000 after both companies saw billions of dollars added to their market values amid frenzied rallies this year.

GameStop will be transferred into the Russell 1000 and out of the Russell 2000 as part of FTSE’s annual reconstitution, according to a list released by the global index provider on Friday.

Due to the timing of a rally in…


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