bullish
NASDAQ 100 Index Rebalance: Lovin' It as AppLovin (APP) Replaces Dollar Tree (DLTR)
338 Views11 Nov 2024 16:45
AppLovin (APP US) will replace Dollar Tree Inc (DLTR US) in the Nasdaq100 Index after the close on 15 November. Passive trackers need to buy US$1.6bn in AppLovin and sell US$250m in Dollar Tree.
What is covered in the Full Insight:
- NASDAQ 100 Index Rebalance Overview
- Impact on AppLovin
- Impact on Dollar Tree
- Stock Performance Post-Announcement
- Future Index Inclusion Prospects
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