Index Invite Boosts Force Protection

Shares rise on news they'll join the Russell 3000 index.
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Force Protection (FRPT) - Get Report rolled higher Wednesday after the maker of blast-resistant military trucks said its stock will join the Russell 3000 index at the close of trading next Friday.

The Ladson, S.C., company said the move "is truly a milestone for our growing company." The Russell 3000 Index measures the performance of the 3,000 largest U.S. companies based on total market capitalization.

Shares rose $1.37 to $25.22.