Annual Changes to the NASDAQ-100 Index
December 12 2014 - 8:05PM
The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the
results of the annual re-ranking of the NASDAQ-100 (Nasdaq:NDX),
which will become effective prior to market open on Monday,
December 22, 2014.
The following three companies will be added to the Index:
American Airlines Group, Inc. (Nasdaq:AAL), Electronic Arts Inc.
(Nasdaq:EA) and Lam Research Corporation (Nasdaq:LRCX).
As a result of the revision in the index methodology allowing
multiple share classes of index participants to be included in the
index, the following three securities will also be added to the
index: Comcast Corporation Class A Special (Nasdaq:CMCSK),
Twenty-First Century Fox, Inc. Class B (Nasdaq:FOX) and Liberty
Global plc Class C (Nasdaq:LBTYK).
The NASDAQ-100 Index is composed of the 100 largest
non-financial companies listed on The NASDAQ Stock Market® and
dates to January 1985 when it was launched along with the NASDAQ
Financial-100 Index®, which is comprised of the 100 largest
financial stocks on NASDAQ®. These indexes act as benchmarks for
financial products such as options, futures, and funds. The
NASDAQ-100 is re-ranked each year in December, timed to coincide
with the quadruple witch expiration Friday of the quarter.
On a cumulative price return basis, the NASDAQ-100 Index has
returned almost 3,140% since inception, although past performance
is not indicative of future performance.
The NASDAQ-100 Index is the basis of the PowerShares QQQ Trust
(Nasdaq:QQQ) which aims to provide investment results that, before
expenses, correspond with the NASDAQ-100 Index performance. In
addition, options, futures and structured products based on the
NASDAQ-100 Index and the PowerShares QQQ Trust trade on various
exchanges.
As a result of the re-ranking, the following three companies
will be removed from the Index: Expedia, Inc. (Nasdaq:EXPE), F5
Networks, Inc. (Nasdaq:FFIV) and Maxim Integrated Products, Inc.
(Nasdaq:MXIM).
About Nasdaq Global Indexes
Nasdaq Global Indexes has been creating innovative,
market-leading, transparent indexes since 1971. Today, our index
offering spans geographies and asset classes and includes diverse
families such as the Dividend Achievers, Global, Nordic, Green
Economy, Sharia and Commodity Indexes. We continuously offer new
opportunities for financial product sponsors across a wide-spectrum
of investable products and for asset managers to measure risk and
performance. Nasdaq Global Indexes also provides custom index
services and design solutions to selected financial organizations.
For more information about Nasdaq Global Indexes, visit
indexes.nasdaqomx.com.
Daily index values, weightings and historical data for Nasdaq
indexes are available via Nasdaq Global Index Watch and Nasdaq
Global Index Data Service.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, exchange
technology, information and public company services across six
continents. Through its diverse portfolio of solutions, Nasdaq
enables customers to plan, optimize and execute their business
vision with confidence, using proven technologies that provide
transparency and insight for navigating today's global capital
markets. As the creator of the world's first electronic stock
market, its technology powers more than 70 marketplaces in 50
countries, and 1 in 10 of the world's securities transactions.
Nasdaq is home to more than 3,500 listed companies with a market
value of over $8.8 trillion and more than 10,000 corporate clients.
To learn more, visit www.nasdaq.com/ambition or
business.nasdaq.com.
The information contained above is provided for informational
and educational purposes only, and nothing contained herein should
be construed as investment advice, either on behalf of a particular
financial product or an overall investment strategy. Neither The
NASDAQ OMX Group, Inc. nor any of its affiliates makes any
recommendation to buy or sell any financial product or any
representation about the financial condition of any company or
fund. Statements regarding Nasdaq's proprietary indexes are not
guarantees of future performance. Actual results may differ
materially from those expressed or implied. Past performance is not
indicative of future results. Investors should undertake their own
due diligence and carefully evaluate companies before investing.
ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
NDAQG
CONTACT: MEDIA CONTACT:
Joe Christinat
1.646.441.5121
joseph.christinat@nasdaq.com
ISSUER & INVESTOR CONTACT:
Natasha Selzer
1.301.978.8623
natasha.selzer@nasdaq.com
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