Brocade Tattered 2.5%, Despite Tapping by Nasdaq 100
Brocade
(BRCD)
was down 2.5% in midmorning, failing to get a lift from the announcement that it will join the
Nasdaq 100 Index
.
The network storage equipment company will be added to the index and be included in the
Nasdaq 100 Tracking Stock
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TheStreet Recommends
at the start of trading Feb. 13.
It's replacing
SDL
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, which is merging with
JDS Uniphase
(JDSU)
.
