No. of Recommendations: 8
if useful to anyone I found this text online: "In 2006, NASDAQ created a "farm team" index, the NASDAQ Q-50, representing the next fifty stocks in line to enter the NASDAQ-100. With some exceptions, most stocks that are added to the index come up through the Q-50. In 2011, NASDAQ created the NASDAQ-500 to track the 500 largest stocks on NASDAQ, and the NASDAQ-400, tracking those stocks not included in the NASDAQ-100.
NASDAQ has also divided the 100 into two distinct sub-indices; the NASDAQ-100 Tech follows those components who service the tech sector, and the NASDAQ-100 Ex-Tech, which follows those components that are not considered tech companies. The latter index includes noted E-commerce companies Amazon.com and eBay, which are classified as retailers.
1.1. Changes from 2008–2010
A number of companies were replaced in 2008, with all the replacements taking place before the market opened that day. The DirecTV Group replaced BEA Systems on April 30, CA, Inc. replaced Tellabs on May 19, FLIR Systems replaced UAL Corporation on July 21, and on November 10 Seagate Technology replaced Monster Worldwide. On December 22, 2008, NASDAQ added the following companies to the NASDAQ-100 index prior to the market open: Automatic Data Processing, First Solar, Life Technologies, Ross Stores Inc., Maxim Integrated Products, Illumina, Inc., Pharmaceutical Product Development, O'Reilly Automotive, Urban Outfitters, J. B. Hunt Transport Services, and Warner Chilcott. They replaced Amylin Pharmaceuticals, Cadence Design Systems, Discovery Communications, Lamar Advertising Company, Leap Wireless International, Level 3 Communications, PetSmart, SanDisk, Sirius XM Radio, Virgin Media, and Whole Foods Market.
On January 20, 2009, News Corporation was added to the index, replacing Focus Media Holding, which did not meet the minimum monthly weight requirements. On July 17, 2009, Cerner Corporation replaced Sun Microsystems after Sun Microsystems was acquired by Oracle. On October 29, 2009, Priceline.com replaced Juniper Networks after Juniper transferred to the NYSE. On December 21, 2009, seven stocks joined the NASDAQ-100 index before the market open: Vodafone, Mattel, BMC Software, Mylan, Qiagen, SanDisk and Virgin Media. These stocks replaced Akamai Technologies, Hansen Natural, IAC/InterActiveCorp, Liberty Global, Pharmaceutical Product Development, Ryanair and Steel Dynamics.[5]
On December 20, 2010, seven companies were added to the NASDAQ-100 index prior to the market open: F5 Networks, Akamai Technologies, Netflix, Micron Technology, Whole Foods Market, Ctrip.com International and Dollar Tree. They replaced Cintas, Dish Network, Foster Wheeler, Hologic, J. B. Hunt, Logitech and Patterson Companies. These were the only changes made to the index that year and the fewest since 1997.
11.2. Changes in 2011
On April 4, 2011, Alexion Pharmaceuticals replaced Genzyme before the market open. On May 27, 2011, Green Mountain Coffee Roasters replaced Millicom International Cellular prior to the market opening after Millicom (MICC) withdrew its NASDAQ listing.[6] On July 15, 2011, Sirius XM Radio replaced Cephalon in the index,[7] and on December 6, 2011, Perrigo joined the index.[8] The company replaced Joy Global, who transferred their stock listing to the NYSE. Perrigo had been a member of the index in the 1990s, being dropped in 1996.[9] On December 19, 2011, five companies joined the NASDAQ-100 index prior to the market open as a result of NASDAQ's annual reranking of the index. They were Avago Technologies, Fossil, Inc., Monster Beverage, Nuance Communications, and Randgold Resources. These companies replaced FLIR Systems, Illumina, NII Holdings, Qiagen, and Urban Outfitters. On December 20, 2011, Electronic Arts changed its ticker symbol.[10]
11.3. Changes in 2012
On April 23, 2012, Texas Instruments replaced First Solar prior to the market open. On May 30, 2012, Viacom became a component of the index prior to the market open. It replaced Teva Pharmaceutical Industries, which transferred to the NYSE. On July 23, 2012, Kraft Foods, Inc., now known as Mondelez, became a component of the index prior to the market open, replacing Ctrip. Kraft Foods was the fourth component of the NASDAQ-100 to also be included in the Dow Jones Industrial Average, joining Cisco Systems, Intel, and Microsoft, but was removed from the DJIA when it subsequently split into two companies. On Wednesday December 12, 2012, Facebook Inc. became part of the NASDAQ-100 Index prior to the market open, replacing Infosys Limited, which transferred its listing to the NYSE. Prior to the market open on Monday, December 24, 2012, 20 changes to the index took place. The ten companies joining the index were Analog Devices, Catamaran Corporation, Discovery Communications, Equinix, Liberty Global, Liberty Media, Regeneron Pharmaceuticals, SBA Communications, Verisk Analytics and Western Digital. The ten companies being dropped were Apollo Group, Electronic Arts, Flextronics, Green Mountain Coffee Roasters, Lam Research, Marvell Technology Group, Netflix, Research in Motion, VeriSign and Warner Chilcott.
11.4. Changes in 2013
On January 15, 2013, Starz Inc. replaced Liberty Media after a spinoff. On March 18, 2013, Kraft Foods Group Inc. replaced Starz Inc.[11] On June 5, 2013, Liberty Media replaced Virgin Media, with whom it merged. On June 6, 2013, Netflix replaced Perrigo, which had transferred to the NYSE. On July 15, 2013, Tesla Motors replaced Oracle Corporation, which transferred to the NYSE. On July 25, Charter Communications replaced BMC Software. On August 22, Green Mountain Coffee Roasters returned to the index, replacing Life Technologies.[12] On October 29, VimpelCom Ltd. replaced DELL. On November 18, Marriott International was added to the index, replacing Randgold Resources. Prior to the market open on Monday, December 23, 2013, 10 changes to the index took place. The five companies joining the index were DISH Network Corporation, Illumina, NXP Semiconductors, Tractor Supply Company, and TripAdvisor.[13] The five companies that were dropped were Fossil, Inc., Microchip Technology, Nuance Communications, Inc., Sears Holdings Corporation, and DENTSPLY International Inc.
11.5. Changes in 2014
Prior to the market open on Thursday, April 3, 2014, the Class C common stock of Google, Inc. was added to the index as a result of Google's stock split. This meant the index had 101 components. Later in 2014, additional classes of stock from other index companies were added to the index, bringing the number of constituent securities in the index to 107. On December 12, 2014, NASDAQ announced that American Airlines Group, Electronic Arts, and Lam Research would be added to the index, effective December 22, replacing Expedia, F5 Networks, and Maxim Integrated Products.[14]
11.6. Changes in 2015
A number of changes took place in 2015. On March 23, Walgreens Boots Alliance replaced Equinix in the index. Equinix converted into a REIT, making it ineligible for inclusion in the NASDAQ-100, but it did gain eligibility for the NASDAQ Financial-100. On July 1, Liberty Interactive created two new tracking stocks, tracking the company's interests in Latin America. Both tracking stocks were added to the index the same day. On July 2, Kraft Foods and Heinz completed their merger, becoming the Kraft Heinz Company. Catamaran Corporation was removed from the index after the close of trading on July 23, after going private. JD.com replaced it on July 29. DirecTV was removed from the index on July 24 and replaced by BioMarin Pharmaceutical on July 27. Sigma-Aldrich was removed on July 31, after being acquired by German firm Merck KGaA. Skyworks Solutions took Sigma-Aldrich's place at the start of trading August 3.
Altera was removed on October 7 as a result of its merger with Intel. Incyte replaced Altera's on that date.[15] PayPal Holdings was added to the index on November 11, as Broadcom Corp. was in the process of merging with Avago Technologies. Comcast Corporation on December 15 converted their Special Class A shares (CMCSK) to regular Class A shares (CMCSA). Due to this change, the last day of trading for the symbol (CMCSK) was December 11.[16]
NASDAQ announced on December 11 that seven companies would be replaced in the index on December 21 due to annual re-ranking. The companies joining the index effective prior to market open were Ctrip, Endo International, Expedia, Maxim Integrated Products, Norwegian Cruise Line Holdings, T-Mobile US, and Ulta Salon, Cosmetics and Fragrances. The companies leaving the index were C. H. Robinson Worldwide, Expeditors International, Garmin, Keurig Green Mountain, Staples, Inc., VimpelCom, and Wynn Resorts. In addition, two Liberty Media (Liberty Global plc) tracking stocks (LILA) and (LILAC) were removed from the index, leaving 106 separate components.[17]
11.7. Changes in 2016
A number of changes took place in 2016. On February 1, Avago Technologies changed its name to Broadcom Limited. On February 22, CSX Corporation replaced KLA-Tencor as a member of the index.[18] On March 16, NetEase replaced SanDisk as a member of the index. On April 18, Liberty Media established two tracking stocks to follow the performance of its investment in the Atlanta Braves. On June 20, Dentsply Sirona returned to the index, replacing four Liberty Media tracking stocks (LMCA), (LMCK), (BATRA), (BATRK).[19] On July 18, Microchip Technology Incorporated returned to the index, replacing Endo International plc. On October 19, Shire PLC replaced Linear Technology in the index. On December 9, the annual re-ranking of the index was announced, resulting in four changes. Joining the index December 19 were Cintas, Hasbro, Hologic and KLA-Tencor. Bed Bath and Beyond, NetApp, Stericycle and Whole Foods Market were dropped from the index.[20]
11.8. Changes in 2017
A number of changes took place in 2017. On February 1, Tesla Motors changed its corporate name to simply Tesla. On February 7, J. B. Hunt Transport Services replaced NXP Semiconductors in the index.[21] On March 20, Idexx Laboratories replaced SBA Communications in the index after SBA converted to a REIT, rendering it ineligible for inclusion.[22] On April 24, Wynn Resorts, Limited replaced TripAdvisor, Inc.[23] On June 19, MercadoLibre replaced Yahoo! due to its partial purchase by Verizon and subsequent conversion to a closed-end fund.[24] On October 23, Align Technology replaced Mattel in the index.[25] On December 8, NASDAQ announced that five companies would enter the index on December 18. They were ASML Holding, Cadence Design Systems, Synopsys, Take-Two Interactive Software, and Workday, Inc. These companies replaced Akamai Technologies, Discovery Communications - both classes listed in the index (DISCA) (DISCK), Norwegian Cruise Lines, Tractor Supply and Viacom.[26]
11.9. Changes in 2018
On July 23, PepsiCo replaced Dish Network.[27] On November 5, NXP Semiconductors replaced CA, who merged with Broadcom.[28] On November 19, Xcel Energy replaced Dentsply Sirona.[29] On December 14, NASDAQ announced that 6 stocks will join the index. They are Advanced Micro Devices, lululemon Athletica, NetApp, United Continental Holdings, Verisign, and Willis Towers Watson. They will replace Express Scripts, Hologic, Qurate Retail Group, Seagate Technology, Shire and Vodafone.[30]
11.10. Changes in 2019
On March 19, the two classes of stock of Fox Corporation replaced the two classes of stock of 21st Century Fox. On November 21, Exelon Corporation replaced Celgene. [31] On December 13, Nasdaq announced that as a result of the annual re-ranking of the index, these six companies would join December 23: ANSYS, CDW, Copart, CoStar Group, Seattle Genetics, and Splunk. They replaced Hasbro, Henry Schein, J.B. Hunt, Mylan, NortonLifeLock, and Wynn Resorts.[32]
11.11. Changes in 2020
On April 20, Dexcom replaced American Airlines Group in the index.[33] On April 30, Zoom Video Communications replaced Willis Towers Watson.[34] On June 22, DocuSign replaced United Airlines Holdings.[3
https://encyclopedia.pub/entry/30193