Market Chatter: SpaceX Set to Make Up 2.8% of Nasdaq 100
MT Newswires Live
Sep 21
SpaceX (SPCX) is expected to make up 2.82% of the Nasdaq 100 following the index's quarterly rebalance, effective Monday, Bloomberg News reported Saturday, citing data it obtained.
The updated figure will be up from its weighting of roughly 1.28%, based on Friday's closing price, according to the report.
SpaceX didn't immediately respond to MT Newswires' request for comment.
The company's shares were up 1.2% in premarket activity Monday.
(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
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