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A Hunt Valley distributor and manufacturer of wireless technology has been added to two stock market indexes as part of their annual reconstitution.
FTSE Russell added Tessco Technologies Inc. to the Russell 3000 and Russell 2000 indexes as of Monday, the company announced.
Murray Wright, president and CEO of Tessco, said in a news release that being a member of the indexes reflects the company’s recent success in capitalizing on wireless market trends.
Tessco also remains a member of the Russell Microcap Index.
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