12/14/2020, 2:45 PM (Source: TeleTrader)
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Peloton, Marvell added to Nasdaq 100 index

Nasdaq announced on Monday the newest additions to the Nasdaq 100 index, including exercise equipment company Peloton and semiconductor manufacturer Marvell Technology Group.

Aside from Peloton and Marvell, the new Nasdaq 100 index, effective December 21, will feature American Electric Power Company, Match Group, Okta and Atlassian Corporation Plc. The annual reconstitution means BioMarin Pharmaceutical, Citrix Systems, Expedia Group, Liberty Global, Take-Two Interactive Software and Ulta Beauty were all removed from the index.

The Nasdaq 100 index is comprised of the 100 largest non-financial companies listed on The Nasdaq Stock Market in New York City.

Breaking the News / JC