Kohl's Corporation was dropped from several prominent indexes, including the Russell Midcap Value Index, Russell 1000 Dynamic Index, Russell 1000 Value Index, Russell 1000 Index, and Russell Midcap Index. This reclassification reflects a shift in the company's market capitalization.
Concurrently, Kohl's was added to the Russell 2000 Dynamic Index, Russell 2000 Index, and Russell 2000 Value Index. This move places the company within the small-cap segment of the market.
This index reconstitution is significant as it can influence institutional investment strategies, with funds tracking these indexes adjusting their portfolios accordingly. It signals a change in how the market categorizes Kohl's based on its size and valuation.
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