Nasdaq (Nasdaq:NDAQ) today announced that PayPal Holdings, Inc. (Nasdaq:PYPL), will become a component of the NASDAQ-100 Index® (Nasdaq:NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq:NDXE) prior to market open on Wednesday, November 11, 2015. PayPal Holdings, Inc. will replace Broadcom Corporation (Nasdaq:BRCM).
PayPal Holdings, Inc. is headquartered in San Jose, California, and has a market capitalization of approximately $43 billion. For more information about the company, go to www.paypal.com.