Davis, California, USA
June 25, 2018
Marrone Bio Innovations, Inc. (NASDAQ:MBII) (MBI), a leading provider of bio-based pest management and plant health products for the agriculture, turf and ornamental and water treatment markets, today announced that the company’s common stock was added to the Russell 2000 Index after the market closed on June 22, 2018.
"We are pleased to have joined the Russell 2000 Index," said Dr. Pamela Marrone, Founder and CEO of Marrone Bio Innovations. "This addition marks an important milestone for MBI as we continue to grow, representing an opportunity to further increase our visibility within the investment community."
MBI is an industry leader in the rapidly growing market for biological crop protection and plant health, as its ability to discover and rapidly commercialize novel biological products is unmatched within the industry.
The Russell 2000 Index is a capitalization weighted index that measure the performance of the 2000 largest publicly held companies in the United States. FTSE Russell, a leading global index provider, determines membership for its equity indices primarily by objective, market-capitalization rankings and style attributes.
Indexes provided by FTSE Russell are widely used by investment professionals for index funds and as benchmarks for investment strategies. Approximately $16 trillion in assets are currently benchmarked to FTSE Russell Indexes.
Market analysis on the Russell Indexes is available at https://www.ftserussell.com/research-insights/russell-reconstitution.
About Marrone Bio Innovations
BIO WITH BITE.
Marrone Bio Innovations, Inc. (NASDAQ:MBII) strives to lead the movement to a more sustainable world through the discovery, development and promotion of biological products for crop protection and plant health. MBI’s effective and environmentally responsible pest management solutions help customers operate more sustainably while uniquely improving plant health and increasing crop yields. MBI’s currently available commercial products are Regalia®, Grandevo®, Venerate®, Majestene®, Haven® Stargus™ and Amplitude™, Zelto® and Zequanox®.
Marrone Bio Innovations is dedicated to pioneering smart biopesticide solutions that support a better tomorrow for both farmers, turf managers and consumers around the globe. For more information, please visit www.marronebio.com.
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