Akoya Biosciences, Inc. was dropped from the S&P TMI Index on July 9, 2025. This removal follows the completion of its acquisition by Quanterix Corporation.
Index removals typically occur when a company undergoes significant corporate actions, such as a merger or acquisition, which alters its market capitalization or eligibility criteria for specific indices. Such changes can lead to adjustments in investment portfolios that track these indices.
The exclusion from the S&P TMI Index may result in passive funds rebalancing their holdings, potentially affecting the trading dynamics and institutional ownership of the combined entity's stock.
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