NetworkNewsBreaks – NextPlat Corp. (NASDAQ: NXPL
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Posted On: 06/26/2023 5:26:26 PM
NetworkNewsBreaks – NextPlat Corp. (NASDAQ: NXPL) Now Included in Russell Microcap(R) Index
NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, is joining the Russell Microcap(R) Index, effective today. The company announced that it will be included following the conclusion of the 2023 Russell indexes annual reconstitution. According to the announcement, Russell Microcap Index membership is in effective for one year and consists of automatic inclusion in the appropriate growth and value style indexes. The announcement observed that objective, market-capitalization rankings as well as style attributes are primarily used by FTSE Russell to determine membership of index members. “NextPlat’s inclusion in the Russell Microcap Index is important recognition of the value of our global e-commerce platform and technology expertise,” said NextPlat CEO and executive chair Charles M. Fernandez in the press release. “Through the continued execution against our growth plan, we are expanding NextPlat into large, exciting new global markets and product categories later this year including into China and the rapidly growing healthcare sector. We believe these actions, combined with additional strategic investments we intend to make, can further unlock value for our customers, partners, and shareholders.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
NextPlat (NASDAQ: NXPL, NXPLW), a global e-commerce provider, is joining the Russell Microcap(R) Index, effective today. The company announced that it will be included following the conclusion of the 2023 Russell indexes annual reconstitution. According to the announcement, Russell Microcap Index membership is in effective for one year and consists of automatic inclusion in the appropriate growth and value style indexes. The announcement observed that objective, market-capitalization rankings as well as style attributes are primarily used by FTSE Russell to determine membership of index members. “NextPlat’s inclusion in the Russell Microcap Index is important recognition of the value of our global e-commerce platform and technology expertise,” said NextPlat CEO and executive chair Charles M. Fernandez in the press release. “Through the continued execution against our growth plan, we are expanding NextPlat into large, exciting new global markets and product categories later this year including into China and the rapidly growing healthcare sector. We believe these actions, combined with additional strategic investments we intend to make, can further unlock value for our customers, partners, and shareholders.”
Please see full terms of use and disclaimers on the NetworkNewsWire website applicable to all content provided by NNW, wherever published or re-published: http://NNW.fm/Disclaimer
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