Publish date:

Brocade Tattered 2.5%, Despite Tapping by Nasdaq 100

Author:

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

(QQQ) - Get Report

TheStreet Recommends

at the start of trading Feb. 13.

It's replacing

SDL

(SDLI)

, which is merging with

JDS Uniphase

(JDSU)

.