Maravai LifeSciences Holdings, Inc. was added to several Russell Value indices, including the Russell 3000 Value Index, Russell 2500 Value Index, Russell Small Cap Comp Value Index, and Russell 3000E Value Index. These inclusions reflect a reclassification of the company's investment profile.
Concurrently, Maravai was removed from various Russell Growth indices, specifically the Russell 3000 Growth Index, Russell Small Cap Comp Growth Index, Russell 2500 Growth Index, and Russell 2000 Growth Index. This indicates a shift in how the market categorizes Maravai's investment characteristics.
These index changes are mechanical events based on market capitalization and growth attributes, which can influence passive fund flows and investor positioning. The reclassification suggests a market perception moving from a growth-oriented company to one defined more by value.
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