🔴 HUBB is trading 4.3% down today as Russell 1000 exit selling persists

HUBB is trading at $474.40, down 4.3%, as selling pressure continues following its recent removal from the Russell 1000 Dynamic Index.

• Index-tracking fund outflows are weighing on the share price after several sessions of post-rebalance volatility.
• The decline occurs despite a lack of new company-specific news or guidance changes reported this morning.
• Broader market weakness in U.S. equities is adding further downward pressure to the stock.