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Stock impact report

Powerfleet Set to Join Russell 2000® Index [Yahoo! Finance]

PowerFleet, Inc. (PWFL) 
Last powerfleet, inc. earnings: 3/12 07:30 am Check Earnings Report
Company Research Source: Yahoo! Finance
June 10, 2024 /PRNewswire/ -- Powerfleet, Inc. (Nasdaq: PWFL) today announced that they are set to join the small-cap Russell 2000® Index at the conclusion of the 2024 Russell US Indexes annual reconstitution, effective at the open of US equity markets on Monday, July 1, 2024 , according to a preliminary list of additions posted Friday, May 24, 2024 Additionally, to reflect its position as a top-tier global artificial intelligence of things (AIoT) software-as-a-service (SaaS) provider, Powerfleet will change its ticker symbol to "AIOT" on The Nasdaq Global Market, also effective with the opening of trading on Monday, July 1, 2024 "Achieving a place in the Russell 2000® Index is a testament to Powerfleet's evolution, newly scaled business, and deepening penetration of blue-chip customers worldwide as we pursue our strategy to meet and beat SaaS Rule of 40 metrics in two years through integration and growth," said Steve Towe , Powerfleet's Chief Executive Officer. "Our symbol change Show less Read more
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