Friedman Industries, Incorporated announced its inclusion as a member of the broad-market Russell 3000® Index, effective June 30, 2025. This addition is part of the annual reconstitution of the Russell indexes. The company also joined the Russell 2000® Index.
This index inclusion is expected to support Friedman Industries' increased visibility within the capital markets. It also holds potential for increased trading volume for the company's stock.
The move follows the company's transfer to the Nasdaq Global Select Market in April 2025, further enhancing its presence in the investment community. Inclusion in these widely recognized indexes can broaden the company's appeal to institutional investors.
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