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 18, 2017.
The following five companies will be added to the Index: ASML
Holding N.V. (Nasdaq:ASML), Cadence Design Systems, Inc.
(Nasdaq:CDNS), Synopsys, Inc. (Nasdaq:SNPS), Take-Two Interactive
Software, Inc. (Nasdaq:TTWO) and Workday, Inc. (Nasdaq:WDAY).
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 six companies will
be removed from the Index: Akamai Technologies, Inc. (Nasdaq:AKAM),
Discovery Communications Series A (Nasdaq:DISCA), Discovery
Communications Series C (Nasdaq:DISCK), Norwegian Cruise Line
Holdings Ltd. (Nasdaq:NCLH), Tractor Supply Company (Nasdaq:TSCO)
and Viacom Inc. (Nasdaq:VIAB).
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 and Income (includes Dividend
Achievers), Dorsey Wright, Fixed Income (includes BulletShares®),
Global Equity, Green Economy, Nordic 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 also provides
exchange listing, custom index and design solutions to financial
organizations worldwide.
About Nasdaq
Nasdaq (Nasdaq:NDAQ) is a leading global provider of
trading, clearing, exchange technology, listing, information and
public company services. 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 90 marketplaces in 50
countries, and 1 in 10 of the world's securities
transactions. Nasdaq is home to approximately 3,900
total listings with a market value of approximately $12
trillion. To learn more, visit: http://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.
ASML Holding N.V. develops, produces, markets, sells, and
services advanced semiconductor equipment systems with a focus on
lithography related systems primarily in the Netherlands, the
United States, and Asia.
Cadence Design Systems, Inc. provides electronic design
automation software, emulation and prototyping hardware, system
interconnect, and analysis worldwide.
Synopsys, Inc. provides software, intellectual property and
services used by designers across the entire silicon to software
spectrum, from engineers creating advanced semiconductors to
software developers ensuring the quality and security of their
applications.
Take-Two Interactive Software, Inc. is a leading developer,
publisher and marketer of interactive entertainment for consumers
around the globe.
Workday provides financial management, human capital management,
and analytics applications designed for the world's largest
companies, educational institutions, and government agencies.
Media Contact:Christine Barna,
Nasdaq (646) 441-5310
Issuer & Investor
Contact:Natasha Selzer, Nasdaq(301)978-8623
Carla Proto, Nasdaq(203) 926-3326
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