Tesla to join Nasdaq 100 as Oracle defects to NYSE
- 11 September 2017
- Automakers, Manufacturing, Production
- Posted by fmcr
- 682 Comments
Tesla Motors Inc., the world’s best-performing automotive stock this year, will join the Nasdaq-100 Index next week, filling the spot vacated by Oracle Corp., which is moving to the New York Stock Exchange.
The electric-car maker will be added to the gauge, which tracks the biggest companies on the Nasdaq, before the start of trading on July 15, Nasdaq OMX Group Inc. said in a statement Monday. Oracle, which last month said it will join the NYSE, is the biggest company to jump between the competing exchanges.
Shares of Tesla, the carmaker headed by billionaire Elon Musk, have more than tripled this year as the popularity of its new Model S sedan helped the company turn its first quarterly profit. Gaining entry to benchmarks tracked by investors is attractive to public companies because it provides a guaranteed shareholder base.
“It’s a coming of age, recognition that a company has market
682 Comments
Wow! This can be one particular of the most helpful blogs We have ever arrive across on this subject. Basically Magnificent. I’m also a specialist in this topic therefore I can understand your effort.
This article is absolutely incredible! The author has done a tremendous job of delivering the information in an captivating and educational manner. I can’t thank her enough for offering such precious insights that have definitely enhanced my awareness in this topic. Hats off to her for crafting such a masterpiece!
I?m impressed, I need to say. Actually rarely do I encounter a weblog that?s each educative and entertaining, and let me tell you, you’ve hit the nail on the head. Your thought is excellent; the difficulty is one thing that not enough individuals are speaking intelligently about. I am very happy that I stumbled across this in my seek for something relating to this.
Wow! This blog looks exactly like my old one! It’s on a entirely different subject but it has pretty much the same layout and design. Outstanding choice of colors!
online pharmacy without precriptions