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Stock impact report

Ultralife Corporation Added to Russell 2000® Index [Yahoo! Finance]

Ultralife Corporation (ULBI) 
Company Research Source: Yahoo! Finance
Russell 3000® Index as part of the 2024 annual reconstitution of the index, effective at the open of the U.S. equity market today, July 1, 2024. “The inclusion of Ultralife in the Russell 2000® Index, one of the most widely used performance benchmarks for small-cap companies, testifies to the substantial improvement in the Company's financial profile and earnings power as we began to realize returns on our customer-driven new product investments and to recapture margins while continuing to advance our transformational projects for our commercial and government/defense customers,” said Mike Manna, President and Chief Executive Officer. “Being included in the Russell Index should enhance our visibility with institutional investors seeking to hold companies in the growing markets for power solutions and electronic systems as we continue to build shareholder value through the delivery of sustainable, profitable growth.” Russell U.S. indexes are widely used by investment managers and i Show less Read more
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