Index Invite Boosts Force Protection
Shares rise on news they'll join the Russell 3000 index.
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.
