Kyndryl Holdings, Inc. announced its inclusion in several prominent Russell Growth Indices, including the Russell 1000 Growth Index, Russell 2500 Growth Index, Russell 3000 Growth Index, Russell 3000E Growth Index, Russell Midcap Growth Index, and Russell Small Cap Comp Growth Index.
Inclusion in these widely followed indices means that funds tracking these benchmarks will likely add Kyndryl shares to their portfolios. This can lead to increased institutional ownership and improved trading liquidity for the stock.
This development reflects Kyndryl's evolving market perception and its progress in demonstrating growth potential since its spin-off. It provides greater visibility to a broader range of investors and can positively influence the company's market valuation.
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