Trevi Therapeutics, Inc. was dropped from several Russell indices, including the Russell Microcap Value Index, Russell 3000E Value Index, Russell 3000 Value Index, Russell 2500 Value Index, and Russell Small Cap Comp Value Index. The company was also removed from the Russell 2000 Value Index.
These exclusions from multiple prominent indices may lead to passive selling pressure on the company's stock. Funds that track these indices will be required to divest their holdings.
The removal from these indices could impact the stock's liquidity and potentially its market valuation. This change reflects a rebalancing within the Russell family of indices.
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