Skyx Platforms (SKYX) announced that it is set to be added to the Russell 2000 and the broad-market Russell 3000 Index following the 2025 annual reconstitution of the Russell indexes, according to a preliminary list of additions posted by FTSE Russell on May 23. SKYX’s inclusion will become effective after the U.S. market opens on June 27, the company noted. “This is an exciting milestone that reflects the strong progress SKYX has made in scaling our business and executing our strategic vision. We believe that inclusion in the Russell indexes will help broaden investor awareness of our technology platform and increase institutional ownership as we continue to grow and advance our mission to make homes and buildings safer and smarter,” said Lenny Sokolow, Co-CEO of SKYX.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SKYX:
- Skyx Platforms announces collaboration with $3B mixed-use smart city development
- Sql Technologies Corp. Earnings Call Highlights Growth and Strategy
- SKYX Technologies Reports Record Q1 2025 Earnings
- Skyx Platforms reports Q1 EPS (4c), consensus (10c)
- Skyx Platforms secures addtional $4M in recent funding from investors