Nasdaq-100's Annual Reconstitution: Expedia And Citrix Out, Peloton And Marvell Technology In
Nasdaq Inc NDAQ 0.54% has announced the annual reconstitution of its Nasdaq-100 Index.
The changes will come into effect on Dec. 21, prior to the market's open. The Nasdaq-100 Index lists the 100 largest non-financial companies on the Nasdaq and is the basis of the Invesco QQQ Trust QQQ 0.22%.
In: The companies being added are:
- American Electric Power Company, Inc. AEP 0.34%
- Marvell Technology Group Ltd. MRVL 0.07%
- Match Group, Inc. MTCH 0.54%
- Okta, Inc. OKTA 1.84%
- Peloton Interactive, Inc. PTON 0.75%
- Atlassian Corporation Plc TEAM 2.12%
The identity and access management company Okta has grown by 118.73% year to date, while the software development company Atlassian Corporation grew by 92.80%.
Fitness company Peloton, which gained significant attention this year due to increased home training amid lockdowns, has shown 38% growth.
Out: The companies being removed are:
- BioMarin Pharmaceutical Inc. BMRN 2.22%
- Citrix Systems, Inc. CTXS 1.52%
- Expedia Group, Inc. EXPE 5.71%
- Liberty Global plc LBTYA 0.95% LBTYK 0.78%
- Take-Two Interactive Software, Inc. TTWO 1.27%
- Ulta Beauty, Inc. ULTA 2.48%
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