Microsoft’s weighting on Nasdaq-100 to rise, Apple to slip

Microsoft’s weighting on Nasdaq-100 to rise, Apple to slip

Nasdaq-100 weighting of four local stocks have changed when Apple weighting was reduced by 8.16%, from 20.49% to 12.33%. 

Microsoft’s representation on Nasdaq-100 will more than double, rising to 8.3 percent from 3.4 percent.

The four local stocks:

• Microsoft's new weighting is increased 4.91% from 3.41% to 8.32%
• Google's new weighting increased 1.59%
• Starbucks new weighting decreased by 0.79%
• Costco's new weighting increased by 0.47%

The new listing will better reflect the market value of Microsoft and other companies, according to Nasdaq.

For a complete story By Greg Lamm of Todd Bishop's TechFlash  go here:
 
Bob Yoder
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