MxWarp@lemmy.caM to

CanadianInvestor@lemmy.ca · 1 year ago

Nasdaq has announced a "special rebalance" for the Nasdaq 100 to address the overconcentration and weight that the biggest tech companies have on the index.

www.reuters.com

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Nasdaq has announced a "special rebalance" for the Nasdaq 100 to address the overconcentration and weight that the biggest tech companies have on the index.

www.reuters.com

MxWarp@lemmy.caM to

CanadianInvestor@lemmy.ca · 1 year ago

1

Market heavyweights dip ahead of Nasdaq 100 rebalance

www.reuters.com

Shares of Apple , Microsoft and other heavyweight companies dipped on Monday after Nasdaq Inc said it would rebalance its Nasdaq 100 index to address the benchmark's "overconcentration."

This is the first ever “special rebalance” carried out by the overseer of the index.

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Arghblarg@lemmy.ca
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1 year ago
Gee, how about, you know… breaking them up if they’re so fricking huge they distort the entire market. Bring back meaningful antitrust laws.

But hey I must just be a pinko commie who hates capitalism right? /s

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