SFL Corporation Ltd. was dropped from several Russell Growth Indices, including the Russell 2000 Growth-Defensive Index, Russell 2000 Dynamic Index, Russell 3000E Growth Index, Russell 2500 Growth Index, Russell 2000 Growth Index, Russell 3000 Growth Index, and Russell Small Cap Comp Growth Index.
These changes in index inclusion can influence the investment strategies of funds that track these specific indices. Companies are typically added or removed from indices based on market capitalization, growth characteristics, and other quantitative factors.
The removal from these growth-focused indices may lead to adjustments in institutional portfolios that are benchmarked against them, potentially affecting the company's investor base.
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