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🚨$15.5B CIRCLE JUST LOST ITS SPOT IN FIVE RUSSELL GROWTH INDEXES.
Circle $CRCL has reportedly been removed from five Russell Growth benchmarks, including the Russell 1000, Russell 3000 and Russell Midcap Growth indexes.
The removal came from FTSE Russell’s latest reconstitution, where stocks are reclassified based on size and growth/value style factors.
Since then, $CRCL
{future}(CRCLUSDT)
has fallen -17.55% to $62.6, erasing roughly $3.6B in market cap.