Nasdaq Inc NDAQ 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.
In: The companies being added are:
- American Electric Power Company, Inc. AEP
- Marvell Technology Group Ltd. MRVL
- Match Group, Inc. MTCH
- Okta, Inc. OKTA
- Peloton Interactive, Inc. PTON
- Atlassian Corporation Plc TEAM
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
- Citrix Systems, Inc. CTXS
- Expedia Group, Inc. EXPE
- Liberty Global plc LBTYA LBTYK
- Take-Two Interactive Software, Inc. TTWO
- Ulta Beauty, Inc. ULTA
Image: Bfishadow via Wikimedia
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