Latham Group Removed from Russell 3000E Growth Benchmark, Pressuring Stock

Key Facts

1Latham Group has been removed from the Russell 3000E Growth Benchmark after reporting Q1 2026 earnings and reaffirming its FY2026 guidance.

Amid periodic index rebalancing, Latham Group (SWIM) has been removed from the Russell 3000E Growth Benchmark, according to reports. The removal came after the company reported first-quarter 2026 earnings and reaffirmed its full-year guidance, indicating it no longer met the fund's growth criteria.

Removal from a growth index reduces passive fund demand, potentially adding selling pressure on the stock. SWIM closed at $6.41 on June 26, 2026, per market data, after trading between $6.31 and $6.48 during the session.

Investors are watching for the stock's performance amid a lack of near-term catalysts, as no major economic events or quarterly reports are on the calendar. The stock's direction will likely depend on Latham Group's ability to offset index-linked outflows and deliver operational results that support its valuation.