Hello, Guest!
  • Friday, November 22, 2024
Mark Fuller/LinkedIn

Castellum Reports Record Trading Volume Following Inclusion Into Russell Microcap Index; Mark Fuller Quoted

Over 10 million shares of Castellum’s (NYSE-American: CTM) common stock traded on Friday as a result of the inclusion of the Bethesda, Maryland-based electronic warfare and cybersecurity services provider into the Russell Microcap Index.

“Friday’s activity represents record trading volume for Castellum and helps provide our stockholders with greater liquidity for their holdings,” Mark Fuller, president and CEO of Castellum, said in a statement published Monday.

“With about 14 million shares in our public float, Friday’s trading represented over 70% of our public float,” he added.

Castellum officially became part of the Russell Microcap Index at the conclusion of trading on Friday, June 23.

Fuller said joining the index serves as a key milestone for Castellum, which has turned from an over-the-counter entity into a $50 million-listed company in the past four years.

“The next step for us would be to qualify for the Russell 2000 which requires that we continue to grow the Company both organically and through acquisition. We are shooting to do just that in the next year or two,” Fuller added.

Video of the Day

Related Articles

Lockheed Reports 14% Increase in Q1 2024 Net Sales; Jim Taiclet Offers Update on F-35, Next-Gen Interceptor, LRDR Programs Financial Reports

Lockheed Reports 14% Increase in Q1 2024 Net Sales; Jim Taiclet Offers Update on F-35, Next-Gen Interceptor, LRDR Programs

Lockheed Martin (NYSE: LMT) generated $17.2 billion in net sales during the first quarter of 2024, up 14 percent from the prior-year period’s $15.1 billion, and reported $1.5 billion in Q1 net earnings, or $6.39 per share. The Bethesda, Maryland-based aerospace and defense contractor said Tuesday it returned $1.8 billion in cash to shareholders through

Telos Recorded $145M in Full-Year 2023 Revenue; John Wood on New Business Capture Financial Reports

Telos Recorded $145M in Full-Year 2023 Revenue; John Wood on New Business Capture

Telos (Nasdaq: TLS) recorded $41.1 million in revenue during the fourth quarter of 2023 and logged full-year revenue of $145.4 million. The Ashburn, Virginia-based information technology and cybersecurity company said Friday Q4 cash flow from operations was $5 million and its free cash flow in the previous quarter hit $1.8 million. “I am pleased to

NVIDIA Revenue Climbs 126% to $60.9B in Fiscal 2024; Jensen Huang Quoted Financial Reports

NVIDIA Revenue Climbs 126% to $60.9B in Fiscal 2024; Jensen Huang Quoted

NVIDIA (Nasdaq: NVDA) reported a 126 percent growth in full-year revenue to $60.9 billion for fiscal 2024 that ended January 28, while its quarterly revenue hit $22.1 billion, a 22 percent jump from the third quarter. “Accelerated computing and generative AI have hit the tipping point,” Jensen Huang, founder and CEO of NVIDIA, said in