Megacap Tech Stocks Have Gotten Too Big for Nasdaq 100 Again [Yahoo! Finance]
Nasdaq, Inc. (NDAQ)
Last nasdaq, inc. earnings: 4/22 07:00 am
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Source: Yahoo! Finance
big, the world's largest technology companies may face another pruning when the marquee benchmark rebalances this week. Most Read from Bloomberg How California Sees the World, and Itself Hong Kong's Expat Party Hub Reshaped by Chinese Influx London's Tube Fares Are Set to Rise by 4.6% Next Year At issue are regulations designed to cap the influence of the biggest members in the gauge — rules that have been put under stress after companies like Apple Inc. and Microsfoft Corp. swelled to unprecedented size. Nasdaq Inc. has already been forced to address the problem once, in July 2023, when it slashed the weightings of seven companies to return them to compliance. But so great has their growth been in the months since, the gauge is once again too top-heavy, potentially requiring another cull. How Nasdaq deals with the issue is prescribed in index rules that leave room for interpretation. The regulation that mandated 2023's rebalance was set off by a somewhat byzantine provisi
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NDAQ
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- 10/25/24 - Beat
NDAQ
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- 12/10/24 - Form 4
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- 12/9/24 - Form 144
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