Nasdaq-100's Annual Reconstitution: Expedia And Citrix Out, Peloton And Marvell Technology In

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, IncPTON 0.75%
  • Atlassian Corporation PlTEAM 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%

Image: Bfishadow via Wikimedia

© 2020 Benzinga does not provide investment advice. All rights reserved.

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