Why Are Datadog, Zscaler, Airbnb, Fortinet, Lucid Trading Higher Premarket?

Airbnb, Inc ABNB, Fortinet, Inc FTNT, Palo Alto Networks, Inc PANW, Lucid Group, Inc LCID, Zscaler, Inc ZS, and Datadog, Inc DDOG will join the Nasdaq-100 Index before market open on December 20.
The companies will replace CDW Corp CDW, Fox Corp FOXA FOX, Cerner Corp CERN, Check Point Software Technologies Ltd CHKP, Trip.com Group Limited TCOM, Incyte Corp INCY.
The Nasdaq-100 Index comprises the 100 largest non-financial companies listed on The Nasdaq Stock Market and dates to January 1985.
The Nasdaq-100 Index is reconstituted each year in December, timed to coincide with the quadruple witch expiration Friday of the quarter.
Related Content: Why Datadog Shares Are Rising
Price Action: DDOG shares traded higher by 3.91% at $181.39 in the premarket session on the last check Monday. FTNT shares traded higher by 3.72% at $345; ZS shares traded higher by 3.12% at $315.29; LCID shares traded higher by 7.43% at $40.46, ABNB traded higher by 2.92% at $185.69.