Rivian, Warner Bros. Discovery to join Nasdaq 100 in rebalancing

It is time to shuffle the lineup of the Nasdaq 100 as the once-a-year rebalancing usually takes location at the conclude of the week.

Rivian Automotive Inc. and Warner Bros. Discovery Inc. will be joining the Index.

The index will change the tech-heavy composition for improvements in marketplace capitalization, according to Bloomberg. 

Those people corporations will be artwork of a slew of modifications that will acquire outcome at the commence of buying and selling on Dec. 19.


Rivian Vehicles

Rivian electric vans are observed parked close to the Nasdaq MarketSite creating in Instances Square. ((Photograph by Michael M. Santiago/Getty Photos) / Getty Photographs)

CoStar Team, GlobalFoundries, Baker Hughes and Diamondback Vitality Inc. will also be extra to the index, according to the Nasdaq. 

Ticker Security Last Change Change % RIVN RIVIAN AUTOMOTIVE INC. 27.29 -1.29 -4.51%WBD WARNER BROS. DISCOVERY INC. 11.09 +.33 +3.07%CSGP COSTAR Group 80.70 -1.69 -2.05%GFS GLOBALFOUNDRIES 63.42 +1.00 +1.60%BKR BAKER HUGHES CO. 27.11 -.97 -3.45%FANG DIAMONDBACK Electrical power INC. 129.60 -3.28 -2.47%

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The Nasdaq 100 is built up of the premier non-fiscal corporations listed on the Nasdaq stock trade. 

It at the moment has 102 associates.

Nasdaq Sign

The Nasdaq emblem is exhibited at the Nasdaq Industry web site in New York. (REUTERS/Brendan McDermid / Reuters Shots)

Next the additions there will also be subtractions.

VeriSign,, Skyworks Solutions, Splunk,, Baidu., Match Team, DocuSign and NetEase will be eradicated.

Ticker Safety Past Adjust Change % VRSN VERISIGN INC. 197.67 +.27 +.14%SWKS SKYWORKS Solutions INC. 94.52 -.65 -.68%BIDU BAIDU INC. 119.99 -.34 -.28%SPLK SPLUNK INC. 87.54 +.51 +.59%MTCH MATCH Team INC. 43.58 -.45 -1.02%DOCU DOCUSIGN INC. 49.16 +5.41 +12.37%NTSE WISDOMTREE Belief Emerging MKTS Productive COR 27.31 -.20 -.73%

A lot of substantial index money that track the Nasdaq 100 ought to possess all of its members’ shares. 

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And actively managed resources that are benchmarked against it have to obtain the shares.

The Nasdaq 100 is down 29% this yr.

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