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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.
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