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Why is Super Group Sghc Limited (SGHC) Stock down?

We've noticed a 8.88% decline in Super Group Sghc Limited (SGHC) stock during the 2024-08-07 trading session. While this could be attributed to normal volatility or various internal and external factors, please be aware that we are actively monitoring the situation, and we'll provide timely updates as soon as possible!
26 Jun, 2023:

SGHC's stock fell 20.68% related to the news that the company has been added to the Russell 2000® Index.Super Group was officially added to the Russell 2000® Index as part of the annual reconstitution of the entire family of Russell indexes that took place after the close of trading on Friday, June 23, 2023 and will be effective at the market open today. In addition to the Russell 2000® Index, Super Group will automatically be included in the Russell 3000® Index.

https://finance.yahoo.com/news/super-group-joins-russell-2000-113000236.html

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