Frequency Electronics, Inc. announced its addition as a member of the broad-market Russell 3000 and the small-cap Russell 2000 index. This inclusion is effective after the U.S. market opens on June 30, 2025, as part of the annual Russell index reconstitution.
CEO Tom McClelland commented on the significance of joining these indexes, noting that it enhances the company's profile within the investment community. Inclusion in these widely followed indexes can lead to increased institutional ownership and improved trading liquidity.
The Russell 2000 and 3000 indexes are key benchmarks for institutional investors, and membership indicates a company's growing market presence and financial standing. This development is expected to broaden Frequency Electronics' investor base.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.