Facebook To Be Added To Nasdaq 100 Index

The speculation of earlier this week was confirmed: Facebook will be added to the Nasdaq 100 Index next week, as Nasdaq parent Nasdaq OMX Group announced that the social network’s stock will replace Infosys on the index before the start of trading Dec. 12.

The speculation of earlier this week was confirmed: Facebook will be added to the Nasdaq 100 Index next week, as Nasdaq parent Nasdaq OMX Group announced that the social network’s stock will replace Infosys on the index before the start of trading Dec. 12.

On that date, Infosys will leave Nasdaq for the New York Stock Exchange.

Bloomberg reported that Nasdaq reduced its waiting period to include Facebook in the Nasdaq-100 Index as part of negotiations prior to the social network’s May 18 initial public offering, when the company was in the process of deciding between Nasdaq and the NYSE.

Robert W.

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