NASDAQ 100: $PLTR (-3.33%) and $MSTR (-6.56%) rise $SMCI must go

The US tech stock index NASDAQ is being shaken up. MicroStrategy and Palantir, among others, have opened a new chapter in their stock market history.

- Rebalancing of the NASDAQ 100 takes place

- Palantir and MicroStrategy celebrate inclusion in the NASDAQ 100

- Price gains ahead

The NASDA100 index lists the largest 100 companies from the tech stocks index that are not NASDAQ Composite that do not come from the financial sector. In addition to market capitalization, a strong daily trading volume is also decisive for inclusion in the index. The conditions were met by two stock corporations that were among the biggest investor favorites in 2024.

MicroStrategy and Palantir make it into the index

As the NASDAQ Stock Exchange announced on Friday after the close of trading, software companies MicroStrategy and Palantir have been included in the annual index review. $MSTR (-6.56%) and $PLTR (-3.33%) new members to the renowned stock market index. The adjustments will be implemented from December 23, i.e. one day before Christmas Eve.

It had already become apparent in the last few days that both $PLTR (-3.33%) as well as $MSTR (-6.56%) would make the leap into the NASDAQ 100 index. AI profiteer $PLTR (-3.33%) had topped the list of the largest NASDAQ companies by market capitalization that are not listed in the 100 index by a wide margin. $MSTR (-6.56%) also clearly outperformed most of the companies in question in terms of market capitalization.

Further share price gains ahead?

In the year to date, Palantir shares have already risen by well over 340%, while the largest shareholder at company level, MicroStrategy, has even seen an increase of around 540%. $BTC (+0.41%) -MicroStrategy, the largest shareholder at company level, has even risen by around 540 percent.

The inclusion in the index that has now been announced could further boost the share prices of the companies, because unlike the NASDAQ Composite, there is greater visibility in the more elite NASDAQ-100 stock market segment. The redesign of the index is also forcing ETF and fund providers to update their products and to Aktienkaufto replicate the new index. A look at the history also shows that this is regularly reflected in higher share prices: between 2014 and 2023, 85 companies were included in the NASDAQ 100, and their share prices rose by an average of 17% in the 12-month period following their inclusion, writes "The Motley Fool" with a view to possible share price potential.

Other index movers and shakers

Besides $PLTR (-3.33%) and $MSTR (-6.56%) have also $AXON (-4.57%) made it into the NASDAQ 100 index. Meanwhile, the criteria for remaining in the index were no longer met by $ILMN (-3.65%) , $SMCI and $MRNA (+6.04%) .

Editorial finanzen.net

Sometimes even a blind hen finds a grain. $SMCI

Jo my stop loss has come into effect and I am out of $SMCI out.

If the situation calms down again, I may go back in.

Let's wait and see what the investigation says.

Have a nice weekend!

My last post about $SMCI there were justifiably many negative opinions.

I was probably lucky that the delisting was averted. Do you think I should continue to hold or go out with a minimal plus?

My average price is currently €29

$SMCI Why does Getquin show me a much too high profit! When I bought SMCI for €26, it shows €150. Is this still the amount before the stock split?

Does anyone know. I can't add the share to my Getquin portfolio because the profits are extremely high.