Friedman Industries Included In Russell 3000 Index

Author: Benzinga Newsdesk | June 30, 2025 08:27am

• Supports Friedman's increased visibility in the capital markets and potential for increased trading volume
• Follows the Company's transfer to Nasdaq listing in April 2025
• Index inclusion effective June 30, 2025
  
  
  
   

LONGVIEW, Texas, June 30, 2025 (GLOBE NEWSWIRE) -- Friedman Industries, Incorporated (NASDAQ/GS: FRD), a leading manufacturer and processor of steel products, today announced that it has been added as a member of the broad-market Russell 3000® Index as part of the 2025 reconstitution of Russell indexes. The Company's inclusion is effective after the US market opens on June 30, 2025 and continues for one year until consideration in the next reconstitution. "Inclusion in major indexes aligns with our efforts to increase market visibility and attract more investor capital to support Friedman's growth and long-term equity value," said Michael Taylor, President and Chief Executive Officer.  "We took an important first step earlier this year by listing on Nasdaq to enhance trading liquidity, increase institutional ownership, and improve capital inflows." 

Posted In: FRD