Lifetime Brands, Inc. was removed from several prominent Russell indices, including the Russell 3000 Index, Russell 2000 Index, and Russell 2500 Index. The company was also dropped from the Russell 2000 Dynamic Index, Russell 3000E Value Index, Russell 3000E Index, Russell Small Cap Completeness Index, Russell 2000 Value Index, and Russell Small Cap Comp Value Index.
These index changes are typically driven by a re-evaluation of a company's market capitalization and other criteria used by FTSE Russell for index composition. Such exclusions can lead to forced selling of shares by passive index funds that track these benchmarks.
The removal from these major indices may impact Lifetime Brands' stock liquidity and reduce its visibility among institutional investors. This development reflects a shift in the company's market standing within the broader investment landscape.
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