As previously reported, Nasdaq announced the results of the annual reconstitution of the Nasdaq-100 Index, which will become effective prior to market open on Monday, December 22. The following six companies will be added to the Index: Alnylam Pharmaceuticals (ALNY), Ferrovial SE (FER), Insmed Incorporated (INSM), Monolithic Power Systems (MPWR), Seagate Technology (STX) and Western Digital (WDC). As a result of the reconstitution, the following six companies will be removed from the Index: Biogen (BIIB), CDW Corporation (CDW), GlobalFoundries (GFS), Lululemon Athletica (LULU), ON Semiconductor Corporation (ON) and The Trade Desk (TTD).
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Read More on ALNY:
- Ionis Pharmaceuticals price target raised to $100 from $85 at Leerink
- Alnylam price target lowered to $351 from $370 at Leerink
- BridgeBio price target raised to $86 from $75 at Leerink
- Nasdaq-100 Reshuffle: Who’s In, Who’s Out?
- Nasdaq adding Alnylam, Ferrovial, Insmed, Monolithic Power at open on 12/22
