Titan Machinery Inc. was officially dropped from both the Russell 2000 Value-Defensive Index and the Russell 2000 Defensive Index. This change took effect on June 30, 2025.
Inclusion or exclusion from such indexes can impact institutional investment flows, as many funds track these specific benchmarks. The removal suggests a reclassification of the company's profile by the index provider.
This development means that passive funds tracking these particular Russell indexes will no longer hold Titan Machinery shares. The implications for the company's investor base and liquidity will depend on the extent of passive investment tied to these indexes.
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