Annual Changes to the Nasdaq-100 Index®
December 08 2023 - 7:00PM
Nasdaq (Nasdaq: NDAQ) today announced the results of the annual
reconstitution of the Nasdaq-100 Index® (Nasdaq: NDX), which will
become effective prior to market open on Monday, December 18, 2023.
The following six companies will be added to the
Index: CDW Corporation (Nasdaq: CDW), Coca-Cola Europacific
Partners plc (Nasdaq: CCEP), DoorDash, Inc. (Nasdaq: DASH),
MongoDB, Inc. (Nasdaq: MDB), Roper Technologies, Inc. (Nasdaq:
ROP), and Splunk Inc. (Nasdaq: SPLK).
The Nasdaq-100 Index® is composed of 100 of the
largest non-financial companies listed on The Nasdaq Stock Market®
and dates to January 1985 when it was launched along with the
Nasdaq Financial-100 Index®, which is comprised of 100 of the
largest financial stocks on Nasdaq®. These indexes act as
benchmarks for financial products such as options, futures, and
funds. The Nasdaq-100® is reconstituted each year in December,
timed to coincide with the quadruple witch expiration Friday of the
quarter.
The Nasdaq-100 Index® is the basis of the Invesco
QQQ Trust (Nasdaq: QQQ) which aims to provide investment results
that, before expenses, correspond with the Nasdaq-100 Index®
performance. In addition, options, futures and structured products
based on the Nasdaq-100 Index® and the Invesco QQQ Trust trade on
various exchanges.
As a result of the reconstitution, the following
six companies will be removed from the Index: Align Technology,
Inc. (Nasdaq: ALGN), eBay Inc. (Nasdaq: EBAY), Enphase Energy, Inc.
(Nasdaq: ENPH), JD.com, Inc. (Nasdaq: JD), Lucid Group, Inc.
(Nasdaq: LCID), and Zoom Video Communications, Inc. (Nasdaq:
ZM).
Information
For information about the six companies to be added
to the Nasdaq-100 Index®, please visit the following respective
company websites:
CDW Corporation –
https://www.cdw.com/content/cdw/en/about/overview.html
Coca-Cola Europacific Partners plc –
https://www.cocacolaep.com/
DoorDash, Inc. – https://www.doordash.com/
MongoDB, Inc. – https://www.mongodb.com/
Roper Technologies, Inc. –
https://www.ropertech.com/
Splunk Inc. – https://www.splunk.com/
About Nasdaq Global IndexesNasdaq
Global Indexes has been creating innovative, market-leading,
transparent indexes since 1971. Today, our index offering spans
geographies and asset classes and includes diverse families such as
the Dividend and Income (includes Dividend Achievers), Nasdaq
Dorsey Wright, Fixed Income (includes BulletShares®), Global
Equity, Green Economy, Nordic, and Commodity indexes. We
continuously offer new opportunities for financial product sponsors
across a wide spectrum of investable products and for asset
managers to measure risk and performance. Nasdaq also provides
exchange listing, custom index, and design solutions to financial
organizations worldwide.
About NasdaqNasdaq (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 The Nasdaq OMX Group, 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.
- NDAQG -
Media Relations Contacts |
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Investor Relations Contact |
Name: Camille Stafford |
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Name: Index Client Services |
Email: Camille.Stafford@nasdaq.com |
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Email indexservices@nasdaq.com |
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Name: Jennifer Lawson |
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Email: Jennifer.Lawson@nasdaq.com |
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