Word that Google has been added to the NASDAQ 100 stock index. This index is, “designed to comprise the largest and most liquid nonfinancial stocks on the Nasdaq,” according to The Street.com.
Other companies joining the list of 100 are: Expedia, Red Hat, and Monster. TheStreet.com has more including a list of the companies leaving the list that include: Molex, Dollar Tree, and Qlogic.
According to The Street, “Google was granted a waiver from the usual two-year waiting period for inclusion in the index because of the rapid growth of its market capitalization.”
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