Apple, NASDAQ reweighting

In the interest of me not having to look up, again and again, the date of when this is going to happen:

After the rebalancing, which takes effect before the market open on May 2, Apple will make up 12% of the Nasdaq-100.

OK, so after the close on Friday April 29, then in effect from Monday May 2, 2011.
http://online.wsj.com/article/SB10001424052748704587004576243231566493842.html (you might need a subscription to access this WSJ page).

There is other information around if the WSJ is inaccessible:
http://www.bloomberg.com/news/2011-04-05/apple-s-weighting-in-nasdaq-100-to-be-cut-as-microsoft-cisco-are-raised.html
and
http://www.reuters.com/article/2011/04/05/us-nasdaq-apple-idUSTRE73415720110405
are two sources (Bloomberg and Reuters). I am sure there will be plenty of nutjobs writing about how its all a conspiracy, but will leave others to link to those types of sources 🙂

Advertisements
This entry was posted in Uncategorized. Bookmark the permalink.

Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out / Change )

Twitter picture

You are commenting using your Twitter account. Log Out / Change )

Facebook photo

You are commenting using your Facebook account. Log Out / Change )

Google+ photo

You are commenting using your Google+ account. Log Out / Change )

Connecting to %s