Annual Changes to the NASDAQ-100 Index
December 09 2016 - 8:00PM
Nasdaq (Nasdaq:NDAQ) today announced the results of the annual
re-ranking of the NASDAQ-100 Index® (Nasdaq:NDX), which will become
effective prior to market open on Monday, December 19, 2016.
The following four companies will be added to the Index: Cintas
Corporation (Nasdaq:CTAS), Hasbro, Inc. (Nasdaq:HAS), Hologic, Inc.
(Nasdaq:HOLX), KLA-Tencor Corporation (Nasdaq:KLAC).
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 3,731% 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 four companies will
be removed from the Index: Bed Bath & Beyond Inc.
(Nasdaq:BBBY), NetApp, Inc. (Nasdaq:NTAP), Stericycle, Inc.
(Nasdaq:SRCL), Whole Foods Market, Inc. (Nasdaq:WFM).
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing,
exchange technology, listing, 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 3,700 listed companies with a market
value of $10.0 trillion and approximately 18,000 corporate clients.
To learn more, visit: 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.
Company Briefs:The following is brief
information about the four companies to be added to the NASDAQ-100
Index.
Cintas Corporation provides corporate identity uniforms and
related business services primarily in North America, Latin
America, Europe, and Asia.
Hasbro, Inc., together with its subsidiaries, provides
children’s and family leisure time products and services
worldwide.
Hologic, Inc. develops, manufactures, and supplies diagnostics
products, medical imaging systems, and surgical products for women
in the United States, Europe, the Asia-Pacific, and
internationally.
KLA-Tencor Corporation designs, manufactures, and markets
process control and yield management solutions worldwide.
NDAQG
Media Contact: Peter Gau, Nasdaq
(212) 231-5475
Issuer & Investor Contact: Carla Proto, Nasdaq
(203) 926-3326
Invesco QQQ Trust Series 1 (NASDAQ:QQQ)
Historical Stock Chart
From Aug 2024 to Sep 2024
Invesco QQQ Trust Series 1 (NASDAQ:QQQ)
Historical Stock Chart
From Sep 2023 to Sep 2024