With Facebook Debuts On NASDAQ-100, Both RIM And Netflix Dropped As Part Of Annual Changes To NASDAQ-100 Index

Posted on Dec 17 2012 - 10:20am by Editorial Staff
RIM

RIM

With social giant Facebook made its debut on NASDAQ 100 Index on December 12th, roughly after around 7 months after its initial public offering, both Research In Motion (RIM) and Netflix are dropped from the Index, the NASDAQ announced the results of the annual re-ranking of the NASDAQ-100 Index which will become effective prior to market open on Monday, December 24, 2012. Removing of the RIM from Index show another sign of company losing its shine before it launch BlackBerry 10 platform in January.

NASDAQ added the following ten securities to the Index: Analog Devices, Inc. (Nasdaq:ADI), Catamaran Corporation (Nasdaq:CTRX), Discovery Communications, Inc. (Nasdaq:DISCA), Equinix, Inc. (Nasdaq:EQIX), Liberty Global, Inc. (Nasdaq:LBTYA), Liberty Media Corporation (Nasdaq:LMCA), Regeneron Pharmaceuticals, Inc. (Nasdaq:REGN), SBA Communications Corporation (Nasdaq:SBAC), Verisk Analytics, Inc. (Nasdaq:VRSK) and Western Digital Corporation (Nasdaq:WDC).

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Editorial Staff at I2Mag is a team of subject experts led by Karan Chopra.