U.S. secondhand clothing resale platform ThredUp (NasdaqGS:TDUP) has been removed from the S&P Retail Select Industry Index, with the related change disclosed on September 20, 2026.

In terms of market performance, the company's stock price has come under notable pressure recently. As of the close on September 18, ThredUp was at $2.48, up 2.48% for the day, but down 4.98% over the past five trading days, and down 61.19% year to date.

Index adjustments are typically carried out based on quantitative criteria such as market capitalization and liquidity of constituent stocks. Being removed means the stock no longer falls within the sample scope of this retail industry benchmark. For passive funds tracking the index, changes in constituents will bring corresponding portfolio rebalancing, and the stock's capital allocation weight in the index will also change accordingly.

It is worth noting that ThredUp operates in the typical online secondhand clothing resale track, where most similar companies face long verification cycles for their profit models and highly volatile stock prices. This year-to-date decline of more than 60% also reflects the capital market's cautious attitude toward this sector. The entry and exit of index constituents is both a result and may further affect its subsequent liquidity and institutional attention.

Source: ThredUp Inc.(NasdaqGS: TDUP) dropped from S&P Retail Select Industry Index · Originally published on 2026-09-21