Nasdaq Delisted six companies: Nasdaq announced today that as of December 18th
Six companies will be delisted from the Nasdaq 100 index,
and another six new companies will be added as a result of the annual reconstitution.

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Companies delisted and listed

Why companies are delisted from Nasdaq

What is the Nasdaq 100?

Companies delisted and listed

The companies that will be delisted from the Index
are Align Technology, eBay Inc. Enphase Energy, Inc. JD.com, Inc.

Lucid Group, Inc. and Zoom Video Communications Inc.
while these six companies will be added:
CDW Corporation, Coca-Cola Europacific Partners plc,
DoorDash, MongoDB, Roper Technologies, Inc and Splunk Inc.

Why companies are delisted from Nasdaq

Lucid’s share price recently fell from its highest level after Initial public offering at $58, to less than $5.
In addition, the company has recently been suffering from weak delivery
despite increased production.
As for Zoom, the stock price fell to less than $75 after reaching more than $588.

At the same time, JD.com’s fortune declined
as the Chinese government launched a crackdown on the shares of high-profile technology companies.
As for eBay, it faces great competition from Amazon, in addition to economic challenges.

What is the Nasdaq 100

The name Nasdaq is for National Association of Securities Dealers Automation Quotation
it’s the second-largest stock exchange in the world. Established on January 31, 1985,
and includes more than 100 shares of the largest non-financial companies listed on the Nasdaq Stock Exchange,

The reconstitution is an annual event that happens in December,
at the same time as the expiration of 4 types of assets: contracts.
Future contracts for stock indices, stock index options,
stock options and individual stock futures, on the third Friday of December.

Nasdaq Dilested six companies

Nasdaq Delisted six companies

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