Studio Equipment Firm Moves to Small-Cap List

Matthews Studio Equipment Group has been accepted for listing on the small-cap Nasdaq market, the company has announced. Nationally listed on the main Nasdaq since 1989, the company saw an advantage in moving to the small-cap market and being compared with companies of comparable size, executives said.

“We were competing with Microsoft,” said director of marketing Bret Weeks. “We were small fish in a big pond.”

The Burbank-based company supplies lighting and grip equipment, professional video and audio equipment, and theatrical equipment and supplies to entertainment producers.

Weeks said interest in the entertainment market has returned. “We’re trading from five to 20 times our daily average” on the main Nasdaq exchange, he said. “We’re excited about the increased interest in our stock.”