Palantir, MicroStrategy, and Axon Enterprise To Join Nasdaq 100
Main points
- Palantir, MicroStrategy and Axon Enterprise will join the Nasdaq 100 Index on Monday, December 23.
- Nasdaq said on Friday they would replace Super Micro Computer, Moderna and Illumina as part of the index’s annual reorganization.
- It’s been a big week for the Nasdaq 100, which topped the 20,000 mark for the first time on Wednesday.
Palantir (PLTR), micro-strategy (Magnetic transmission technology) and Axon Enterprise (axon) is set to join Nasdaq 100 Index Monday, December 23rd, replacing Super Microcomputer (SMCI), modern (messenger RNA) and Illumina (ILMN), Nasdaq said on Friday as part of a shakeup of the index.
It’s a big week for the Nasdaq 100 Breaking through the 20,000 mark for the first time Tech stocks soar on Wednesday on inflation data Strengthening interest rate cut expectations The Fed will announce next week.
The Nasdaq 100 Index consists of the 100 largest non-financial industry companies in the Nasdaq Composite Index and is reconstituted each December and rebalanced quarterly to Market value.
The Dow Jones and S&P 500 have also recently announced changes to their membership. Apollo Global Management (apolipoprotein) and working days (working days)yes Ready to join the S&P 500 Index Later this month, replacing Qorvo (QRVO) and catfish (AMTM).
last month, Artificial Intelligence (AI) Dear NVIDIA (NVDA) Join the Dow Jones Industrial Averagereplacing legendary chipmaker Intel (international trade center). Paint manufacturer Sherwin-Williams (SHW) also joined the index, replacing chemical giant The Dow Chemical Company (The Dow Chemical Company).
Palantir and MicroStrategy included following recent results
Palantir shares have soared this year on growing demand for its artificial intelligence products. Last month, the company moved strategically from the New York Stock Exchange to Nasdaq, qualifying for inclusion in the Nasdaq 100 Index.
MicroStrategy shares soar as Bitcoin price rises (Bitcoin USD) After Donald Trump’s re-election, the president-elect said he wants to make America a “The Cryptocurrency Capital of the Earth“.
AMD faces critical deadline to avoid delisting
The decision to abandon Supermicro comes as server makers face February deadline Submit delayed annual reports or face Nasdaq delisting.
The stock had been in negative territory for the year just a few weeks ago after a volatile few months amid concerns about accusations of accounting manipulation and poor disclosures, but has clawed back those losses in the past month. The stock was up nearly 30% this year through Friday’s close, though well off its 2024 highs.