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Stock impact report

Sono-Tek Corporation Expected to be Added to Russell 3000® Index

Sono-Tek Corporation (SOTK) 
NASDAQ:AMEX Investor Relations: sono-tek.com/investor-relations
Company Research Source: GlobeNewswire
MILTON, NY, June 09, 2022 (GLOBE NEWSWIRE) -- via NewMediaWire -- Sono-Tek Corporation (NASDAQ: SOTK), the leading developer and manufacturer of ultrasonic coating systems, today announced that it expects to join the broad-market Russell 3000® Index at the conclusion of the 2022 Russell Index annual reconstitution on June 27, 2022, according to the preliminary list of additions posted by FTSE Russell.  The annual Russell Index reconstitution captures the 4,000 largest US stocks, ranked by total market capitalization. Russell indexes are widely used by investment managers and institutional investors for index funds and as benchmarks for active investment strategies. Approximately $12 trillion in assets are benchmarked against Russell’s US indexes. Dr. Chris Coccio, Chairman and CEO of Sono-Tek, commented, “Joining the Russell 3000® Index is another milestone in Sono-Tek’s public market development, as it also signifies SOTK’s inclusion in other investment objective or style att Show less Read more
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