The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the quarterly re-ranking of the NASDAQ OMX Q-50 Index (Nasdaq:NXTQ), which will become effective prior to market open on Monday, December 23, 2013.
The following eleven securities will be added to the Index: Endo Health Solutions Inc. (Nasdaq:ENDP), Fossil Group, Inc. (Nasdaq:FOSL), The Goodyear Tire & Rubber Company (Nasdaq:GT), Incyte Corporation (Nasdaq:INCY), Jazz Pharmaceuticals plc (Nasdaq:JAZZ), Microchip Technology Incorporated (Nasdaq:MCHP), News Corporation (Nasdaq:NWSA), Sprouts Farmers Market, Inc. (Nasdaq:SFM), Sears Holdings Corporation (Nasdaq:SHLD), Stratasys, Ltd. (Nasdaq:SSYS) and DENTSPLY International Inc. (Nasdaq:XRAY).
The NASDAQ Q-50 Index is designed to track the performance of securities that are next-eligible for inclusion into the NASDAQ-100 Index. It does not contain securities of financial companies including investment companies.
As a result of the re-ranking, the following eleven securities will be removed from the Index: DISH Network Corporation (Nasdaq:DISH), Flextronics International Ltd. (Nasdaq:FLEX), FLIR Systems, Inc. (Nasdaq:FLIR), Illumina, Inc. (Nasdaq:ILMN), Nordson Corporation (Nasdaq:NDSN), NXP Semiconductors N.V. (Nasdaq:NXPI), Panera Bread Company (Nasdaq:PNRA), Seattle Genetics, Inc. (Nasdaq:SGEN), Salix Pharmaceuticals, Ltd. (Nasdaq:SLXP), TripAdvisor, Inc. (Nasdaq:TRIP) and Tractor Supply Company (Nasdaq:TSCO).
