The Nasdaq Stock Market, Inc. has announced the annual re-ranking of the NASDAQ-100 Index, tallying the 100 largest non-financial stocks on the stock market, and game pub...
The Nasdaq Stock Market, Inc. has announced the annual re-ranking of the NASDAQ-100 Index, tallying the 100 largest non-financial stocks on the stock market, and game publisher Activision and game-related graphics card/chip manufacturer Nvidia have both been added to the index. The change, effective with the market open on Monday, December 19, 2005, means that Activision joins existing game-related stocks Electronic Arts and ATI Technologies on the list, which acts as a benchmark for financial products such as options, futures, and funds. On a cumulative price return basis, the NASDAQ-100 Index has risen over 1238.0% since inception, though for the most recent one, five, and ten-year periods ended November 30, 2005, the cumulative return of he NASDAQ-100 Index was 6.4%, -33.3%, and 181.7% respectively. "The re-ranking is a unique event in that investors ultimately determine which companies are members of one of the most closely followed indexes in the world," said John L. Jacobs, executive vice president, NASDAQ. "The re-ranking process is objective, rules-based and transparent -- one that ensures the NASDAQ-100 Index will continue to be an important benchmark by which you can invest in a diverse array of NASDAQ-listed companies."
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