Quarterly Changes to the NASDAQ Q-50 Index 06/10 08:00 PM
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NEW YORK, June 10, 2011 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (NDAQ: $23.80, $-0.35, -1.45%) announced today the results of the quarterly re-ranking of the NASDAQ Q-50 Index, which will become effective prior to market open on Monday, June 20, 2011.
The following eight securities will be added to the Index: Acme Packet, Inc. (APKT: $67.29, $-1.87, -2.70%), Focus Media Holding Limited (FMCN: $27.23, $-0.79, -2.82%), lululemon athletica inc. (LULU: $89.94, $3.80, 4.41%), MercadoLibre, Inc. (MELI: $78.86, $-1.06, -1.33%), Patterson-UTI Energy, Inc. (PTEN: $29.65, $-0.98, -3.20%), Regeneron Pharmaceuticals, Inc. (REGN: $54.58, $-1.19, -2.13%), Sohu.com Inc. (SOHU: $69.39, $-1.31, -1.85%), and TIBCO Software Inc. (TIBX: $25.51, $-0.42, -1.62%).
The Index is designed to track the performance of the 50 securities that are next in line to replace the securities currently included in the NASDAQ-100 Index®. The NASDAQ Q-50 Index is re-ranked on a quarterly basis. For more information about the NASDAQ Q-50 Index, including detailed eligibility criteria, visit indexes.nasdaqomx.com.
As a result of the re-ranking, the following six securities will be removed from the Index: BE Aerospace, Inc. (BEAV: $36.99, $-0.29, -0.78%), Cypress Semiconductor Corporation (CY: $21.15, $-0.65, -2.98%), R.R. Donnelley & Sons Company (RRD: $19.47, $-0.36, -1.82%), Synopsys, Inc. (SNPS: $25.28, $-0.48, -1.86%), Steel Dynamics, Inc. (STLD: $16.09, $-0.18, -1.11%), and United Therapeutics Corporation (UTHR: $57.96, $-1.45, -2.44%).
About NASDAQ OMX Global Index Group
NASDAQ OMX Global Index Group is engaged in the design, development, calculation, licensing, and marketing of NASDAQ OMX Indexes. NASDAQ OMX Global Index Group specializes in the development of indexes focusing on NASDAQ OMX's brand themes of innovation, technology, growth, and globalization. NASDAQ OMX Global Index Group also provides custom index services and design solutions as a third-party provider to selected financial organizations. For more information about NASDAQ OMX indexes, visit www.nasdaq.com/indexes. |
