Elicio Therapeutics, Inc. was dropped from the Russell Microcap Growth Index on June 30, 2025. Concurrently, the company was also removed from the Russell 3000E Growth Index on the same date.
These index removals typically result in adjustments by institutional investors whose portfolios track these indices. Funds that mirror the Russell indices may be required to sell their shares of ELTX.
The exclusion from these indices can lead to decreased trading liquidity and reduced visibility among a broad base of institutional investors. This change reflects a re-evaluation of the company's market capitalization and growth characteristics by the index provider.
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