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Google Added to Nasdaq 100

Google (GOOG - Get Report) will lead a procession of Internet and software companies into the Nasdaq 100 when the index is reconstituted next week, the Nasdaq says.

Google will be joined by Expedia (EXPD), Cadence Design (CDNS - Get Report), Activision (ATVI - Get Report), RedHat (RHAT), Monster (MNST - Get Report), Nvidia (NVDA), NII (NHID), Paterson-UTI (PTEN) and Urban Outfitters (URBN - Get Report), CheckFree (CKFR) and Discovery Holdings (DISCA).

Coming out will be Molex (MOLX), Invitrogen (IVGN), Career Education (CECO), Dollar Tree (DLTR), Sanmina (SANM), Novellus (NVLS), Smurfit-Stone (SSCC), Intersil (ISIL), Level 3 (LVLT - Get Report) , Qlogic (QLGC), Synopsys (SNPS) and Millennium Pharmaceuticals (MLNM).

The changes will take effect Dec. 19. The Nasdaq 100 is designed to comprise the largest and most liquid nonfinancial stocks on the Nasdaq. The addition of a stock to the group often creates buying interest in the market as mutual funds designed to mimic the index's performance add it to their portfolios.

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ATVI $37.23 1.06%
CDNS $22.08 1.66%
EXPE $123.62 1.94%
GOOG $748.15 -0.02%
LVLT $50.84 -0.12%


Chart of I:DJI
DOW 17,813.39 +1.20 0.01%
S&P 500 2,088.87 -0.27 -0.01%
NASDAQ 5,116.1430 +13.3350 0.26%

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