Acumen Pharmaceuticals, Inc. was removed from several Russell indices, including the Russell 2000 Index and the Russell 3000 Index. The company was also dropped from the Russell 2500 Index, Russell 3000E Index, and their respective value and dynamic sub-indices.
Index rebalancing events, such as these removals, can lead to adjustments in institutional investment portfolios. Funds tracking these indices typically sell shares of companies that are removed, which can affect trading volume and liquidity.
The removal from these broad market indices reflects changes in market capitalization or other eligibility criteria used by FTSE Russell for its annual reconstitution. This event is a procedural change in the company's index membership.
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