AppLovin Corporation to Join the Nasdaq-100 Index® Beginning November 18, 2024
November 08 2024 - 7:00PM
Nasdaq (Nasdaq: NDAQ) today announced that AppLovin Corporation
(Nasdaq: APP), will become a component of the Nasdaq-100 Index®
(Nasdaq: NDX®) and the Nasdaq-100 Equal Weighted™ Index (Nasdaq:
NDXE™) prior to market open on Monday, November 18, 2024. AppLovin
Corporation will replace Dollar Tree, Inc. (Nasdaq: DLTR) in the
Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted™ Index.
Dollar Tree, Inc. will also be removed from the Nasdaq-100
Ex-Tech Sector™ Index (Nasdaq: NDXX™), the Nasdaq-100 ESG™ Index
(Nasdaq: NDXESG™), the Nasdaq-100 Sustainable ESG Select™ Index
(Nasdaq: NDXSES™) , the Nasdaq-100 ex Top 30™ Index (Nasdaq:
NDX70™), and the Nasdaq-100 ex Top 30 UCITS™ Index (Nasdaq:
NDX70U™) on the same date. AppLovin Corporation will be considered
for inclusion in the Nasdaq-100 Tech Sector™ Index (Nasdaq: NDXT™),
the Nasdaq-100 Technology Sector Market-Cap Weighted™ Index
(NDXTMC™), and the Nasdaq-100 Technology Sector Adjusted Market-Cap
Weighted™ Index (NDXT10™) at the next quarterly rebalancing.
For more information about the company, go to
https://www.applovin.com/.
About Nasdaq
Nasdaq (Nasdaq: NDAQ) is a leading global technology company
serving corporate clients, investment managers, banks, brokers, and
exchange operators as they navigate and interact with the global
capital markets and the broader financial system. We aspire to
deliver world-leading platforms that improve the liquidity,
transparency, and integrity of the global economy. Our diverse
offering of data, analytics, software, exchange capabilities, and
client-centric services enables clients to optimize and execute
their business vision with confidence. To learn more about the
company, technology solutions, and career opportunities, visit us
on LinkedIn, on X @Nasdaq, or at www.nasdaq.com.
The information contained above is provided for informational
and educational purposes only, and nothing contained herein should
be construed as investment advice, either on behalf of a particular
financial product or an overall investment strategy. Neither
Nasdaq, Inc. nor any of its affiliates makes any recommendation to
buy or sell any financial product or any representation about the
financial condition of any company or fund. Statements regarding
Nasdaq’s proprietary indexes are not guarantees of future
performance. Actual results may differ materially from those
expressed or implied. Past performance is not indicative of future
results. Investors should undertake their own due diligence and
carefully evaluate companies before investing. ADVICE FROM A
SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
Media Contacts: |
Jennifer
Lawson, Nasdaq and Peter Gau, Nasdaq |
Issuer & Investor Contact: |
Index Client Services, Nasdaq |
|
Indexservices@nasdaq.com |
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