Nasdaq announced on December 13, 2024, the results of its annual reconstitution of the Nasdaq-100 Index®, which will become effective prior to market open on Monday, December 23, 2024. Illumina, Inc. was removed from the index as part of these changes.
Three new companies, Palantir Technologies Inc., MicroStrategy Incorporated, and Axon Enterprise, Inc., will be added to the Nasdaq-100 Index. The Nasdaq-100 Index is composed of 100 of the largest non-financial companies listed on the Nasdaq Stock Market.
This removal from the Nasdaq-100 Index may lead to adjustments in institutional investment portfolios that track the index. Such changes can influence trading activity and investor sentiment surrounding Illumina's stock.
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