Apple Gets Knocked Down a Peg in Nasdaq Rebalancing

[blogger]

Apple Gets Knocked Down a Peg in Nasdaq Rebalancing

The Nasdaq stock exchange has announced plans to rebalance its benchmark Nasdaq 100 next month. And the move will have serious repercussions for Aple. In the rebalancing, the exchange will slash Apple Inc’s weighting, which currently makes up better than 20% of the entire index. According to Wall Street analysts who have commented on the [...]

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