PLTR, MSTR, and AXON Joined Nasdaq 100, ILMN, SMCI and MRNA Removed
NEW YORK, Dec. 13, 2024 -- Nasdaq today announced the results of the annual reconstitution of the Nasdaq-100 Index , which will become effective prior to market open on Monday, December 23, 2024.The following three companies will be added to the Index: Palantir Technologies Inc. , MicroStrategy Incorporated , and Axon Enterprise, Inc. .The Nasdaq-100 Index is composed of 100 of the largest non-financial companies1 listed on The Nasdaq Stock Market and dates to January 1985 – nearly 40 years ago –when it was launched along with the Nasdaq Financial-100 Index, which is comprised of 100 of the largest financial stocks on Nasdaq These indexes act as benchmarks for financial products such as options, futures, and funds. The Nasdaq-100 is reconstituted each year in December, timed to coincide with the quadruple witch expiration Friday of the quarter.As a result of the reconstitution, the following three companies will be removed from the Index: Illumina, Inc. , Super Micro Computer, Inc. ,