DoorDash Inc (NASDAQ:DASH) and Zoom Video Communications Inc (NASDAQ:ZM) shares are moving in different directions Monday morning. Here’s a look at what’s going on.
What To Know: After the close on Friday, the Nasdaq announced the results of the annual reconstitution of the Nasdaq-100 Index, which is set to become effective prior to the open on Dec. 18.
DoorDash, CDW Corporation, Coca-Cola Europacific Partners, MongoDB, Roper Technologies and Splunk were all added to the Nasdaq-100. Zoom, Align Technology, eBay, Enphase Energy, Lucid and JD.com were all selected for removal from the index.
The Nasdaq-100 Index is composed of 100 of the largest non-financial companies listed on the Nasdaq. The index is reconstituted once a year in December.
Check This Out: Lucid, Zoom, eBay Among 6 Companies Ousted From Nasdaq 100 Index: What This Means For The Stocks
DASH, ZM Price Action: At the time of writing, DoorDash shares were up 2.63% at $102.63 and Zoom shares were down 1.88% at $71.68, according to Benzinga Pro.
Photo: 3844328 from Pixabay.
