Emeren Group Ltd (NYSE: SOL) was removed from the S&P Global BMI Index, effective September 22, 2024. This change impacts the company's inclusion in a broad market index that tracks global equities.
Index removals can lead to reduced visibility among institutional investors and passive funds that track such benchmarks. Funds replicating the index would divest their holdings in Emeren Group Ltd.
The exclusion from the S&P Global BMI Index may affect the liquidity and institutional ownership profile of Emeren Group Ltd's shares going forward.
The content on BeyondSPX is for informational purposes only and should not be construed as financial or investment advice. We are not financial advisors. Consult with a qualified professional before making any investment decisions. Any actions you take based on information from this site are solely at your own risk.