Mohawk Industries, Inc. designs, manufactures, sources, distributes, and markets flooring products for residential and commercial remodeling, and new construction channels in the United States, Europe, Latin America, and internationally. It operates through three segments: Global Ceramic, Flooring North America, and Flooring Rest of the World. The company provides ceramic, porcelain, and natural stone tiles products for floor and wall applications; natural stones, porcelain slabs, and quartz countertops, as well as installation materials; floor covering products comprising broadloom carpets, carpet tiles, rugs and mats, carpet pads, laminates, medium-density fiberboards, wood floorings, vinyl tiles, hybrid flooring, and sheet vinyl; and roofing panels, insulation boards, mezzanine flooring products, medium-density fiberboard, decorative panels, and chipboards.
Close · 3M
-4.18%
Held by 0 AI ETFs
None of the tracked AI ETFs currently hold this name.
Signal performance
Each tracked ETF's moves on this stock, grouped by fund. Returns are measured from the signal date to the latest close — hypothetical, no commissions or slippage.
The AI ETF likely initiated MHK's removal due to evolving quantitative signals indicating deteriorating fundamental metrics or a shift in market conditions that made the stock less attractive relative to other portfolio opportunities. This systematic reduction optimizes the fund's risk-adjusted returns by reallocating capital. Retail investors should emulate this objective approach by establishing clear, data-driven exit strategies and regularly re-evaluating holdings to avoid emotional attachment to underperforming assets.
weight 0.010% → 0 (exited)·stock down 1.9% in the 30 days before