Flotek Industries, Inc. announced that it will be added as a member of the broad-market Russell 3000® Index, effective after the US market opens on June 30, 2025. This inclusion is part of the annual Russell indexes reconstitution, which identifies the 4,000 largest US stocks by total market capitalization as of April 30th.
Membership in the Russell 3000® Index automatically grants inclusion in either the large-cap Russell 1000® Index or the small-cap Russell 2000® Index, as well as applicable Russell growth and value style indexes. This move is expected to elevate Flotek's profile within the investment community.
CEO Dr. Ryan Ezell stated that joining the Russell 3000® Index marks another milestone in Flotek's ongoing success, building on three years of progress in creating a dynamic and innovative chemistry and data analytics company. Russell indexes are widely utilized by investment managers and institutional investors for index funds and as benchmarks for active investment strategies.
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