RCI Hospitality Holdings, Inc. was dropped from the Russell 2000 Value-Defensive Index, the Russell 2000 Growth-Defensive Index, and the Russell 2000 Defensive Index. This change took effect on June 30, 2025.
Inclusion or exclusion from major market indices like the Russell 2000 can influence institutional investment flows. Funds that track these indices may be required to adjust their holdings accordingly.
The removal from these indices could lead to a decrease in demand for RCI's shares from passive index funds. This development reflects a reclassification of the company's profile within the broader market.
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