NASDAQ 100: $PLTR (-2,15%) and $MSTR (-3,34%) 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 (-3,34%) and $PLTR (-2,15%) 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 (-2,15%) as well as $MSTR (-3,34%) would make the leap into the NASDAQ 100 index. AI profiteer $PLTR (-2,15%) 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 (-3,34%) 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 (-1,99%) -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 (-2,15%) and $MSTR (-3,34%) have also $AXON (+0,22%) made it into the NASDAQ 100 index. Meanwhile, the criteria for remaining in the index were no longer met by $ILMN (+0,13%) , $SMCI and $MRNA (+0,92%) .
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