Last night, it was announced that Peloton would be joining the Nasdaq-100 Index for 2021.
Each year, Nasdaq refreshes its Nasdaq-100 Index to include the “100 largest non-financial companies listed on The Nasdaq Stock Market”. This year, 6 companies will be removed from the index, with 6 new companies replacing them – Peloton being one of the new companies.
The change to the index will be effective the morning of December 21st, 2020.
The full list of companies being added to the NASDAQ-100 include American Electric Power Company, Inc. (Nasdaq: AEP), Marvell Technology Group Ltd. (Nasdaq: MRVL), Match Group, Inc. (Nasdaq: MTCH), Okta, Inc. (Nasdaq: OKTA), Peloton Interactive, Inc. (Nasdaq: PTON), Atlassian Corporation Plc (Nasdaq: TEAM).
The list of companies being removed this year are BioMarin Pharmaceutical Inc. (Nasdaq: BMRN), Citrix Systems, Inc. (Nasdaq: CTXS), Expedia Group, Inc. (Nasdaq: EXPE), Liberty Global plc (Nasdaq: LBTYA/LBTYK), Take-Two Interactive Software, Inc. (Nasdaq: TTWO), Ulta Beauty, Inc. (Nasdaq: ULTA).
You can read the full press release here.
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