Pinduoduo, Inc. to Join the NASDAQ-100 Index Beginning August 24, 2020
August 14 2020 - 8:05PM
Nasdaq (Nasdaq: NDAQ) today announced that Pinduoduo, Inc. (Nasdaq:
PDD), will become a component of the NASDAQ-100 Index® (Nasdaq:
NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) prior
to market open on Monday, August 24, 2020. Pinduoduo, Inc.
will replace NetApp, Inc. (Nasdaq: NTAP) in the NASDAQ-100 Index®
and the NASDAQ-100 Equal Weighted Index. NetApp, Inc. will be also
be removed from the NASDAQ-100 Technology Sector Index (Nasdaq:
NDXT) prior to market open on Monday, August 24, 2020. Pinduoduo,
Inc. will be added to the NASDAQ-100 Ex-Technology Index (Nasdaq:
NDXX) at the next quarterly rebalancing.
For more information about the company, go to
https://en.pinduoduo.com/.
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Media Contact: |
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Matthew Sheahan, Nasdaqmatthew.sheahan@nasdaq.com |
Issuer & Investor Contact: |
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Index Client Services, NasdaqIndexservices@nasdaq.com |
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