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onsemi to Join the Nasdaq-100 Index Beginning June 20, 2023

Written by Customer Service on . Posted in Public Companies.

NEW YORK, June 09, 2023 (GLOBE NEWSWIRE) — Nasdaq (Nasdaq: NDAQ) today announced that onsemi (Nasdaq: ON) will become a component of the Nasdaq -100 Index® (Nasdaq: NDX), the Nasdaq -100 Equal Weighted Index (Nasdaq: NDXE), the Nasdaq -100 Tech Sector Index (Nasdaq: NDXT), and the Nasdaq -100 ESG Index (Nasdaq: NDXESG) prior to market open on Tuesday, June 20, 2023. onsemi will replace Rivian Automotive, Inc. (Nasdaq: RIVN) in the Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted Index. Rivian Automotive, Inc. will also be removed from the Nasdaq -100 ESG Index (Nasdaq: NDXESG) and the Nasdaq -100 Ex-Tech Sector Index (Nasdaq: NDXX) prior to market open on Tuesday, June 20, 2023. onsemi will be removed from the Nasdaq Q-50 Index (Nasdaq: NXTQ), Nasdaq Next Generation 100 Index (Nasdaq: NGX), and Nasdaq Next Generation 100 ESG Index (Nasdaq: NGXESG) on the same date.

For more information about the company, go to https://www.onsemi.com/.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Statements regarding Nasdaq’s proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

  
Media Contact:Camille Stafford, Nasdaq
Issuer & Investor Contact:Index Client Services, Nasdaq
 Indexservices@nasdaq.com
  

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