QuidelOrtho Corporation experienced a notable rebalancing within the Russell family of indices, with several additions and removals announced on June 30, 2025. The company was added to the Russell 3000 Growth Index, Russell 2000 Dynamic Index, Russell Small Cap Comp Growth Index, Russell 3000E Growth Index, Russell 2500 Growth Index, Russell 2000 Index, and Russell 2000 Growth Index.
Concurrently, QuidelOrtho was dropped from the Russell Midcap Value Index, Russell 1000 Dynamic Index, Russell 1000 Value Index, Russell 1000 Index, and Russell Midcap Index. These changes reflect a shift in how the company is categorized by index providers, moving towards growth and smaller-cap classifications.
This rebalancing can influence investment strategies for funds that track these specific indices, potentially leading to adjustments in institutional holdings. The inclusion in growth-oriented indices suggests a market perception of the company's future growth potential.
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