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Author Topic: Nasdaq: Apple to Influence Less on Stock Index  (Read 4024 times)
Hemant
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« on: April 05, 2011, 11:07:11 am »
Nasdaq: Apple to Influence Less on Stock Index

Exchange operator Nasdaq OMX Group Inc said on Tuesday it will rebalance its benchmark Nasdaq-100 index, cutting the weighting of Apple Inc.

Once the rebalancing is effective, the projected weight of Apple will be 12.33 percent of the index compared with a current weight of 20.49 percent, Nasdaq said in a document hosted on its website.

Source: Nasdaq: Apple to Influence Less on Stock Index
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