Moderna to join Nasdaq-100, replacing Warner Bros. Discovery
Veronique D
- Nasdaq (NDAQ) on Thursday said that Moderna (MRNA) will become a component of the Nasdaq-100 Index, replacing Warner Bros. Discovery (WBD) before market open on Friday, October 9.
- The vaccine maker's shares have jumped more than sixfold this year to a valuation of roughly $75B.
- Warner Bros. Discovery is also set to be removed from major indexes, including those tracked by MSCI and S&P, as its merger with Paramount Skydance (PSKY) is expected to close on October 6 following a months-long delay.
- Press release
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