NASDAQ OMX Group Inc. said Lincare Holdings Inc. would be one of eight new companies whose securities will join the NASDAQ Q-50 IndexSM.
The index is designed to track the performance of the 50 securities that are next in line to replace the securities currently included in the NASDAQ-100 Index(R), a release said. The NASDAQ Q-50 Index is re-ranked on a quarterly basis.
Lincare (NASDAQ: LNCR) provides respiratory therapy and other services to patients in their homes. Based in Clearwater, the company serves patients across the United States.
Other companies joining the NASDAQ Q-50 are Amylin Pharmaceuticals Inc. (NASDQ: AMLN), Gentex Corp. (NASDAQ: GNTX), Micron Technology inc. (NASDAQ: MU), Rambus Inc. (NASDAQ: RMBS), Sirius XM Radio Inc. (NASDAQ: SIRI), Vistaprint N.V. (NASDAQ: VPRT) and Windstream Corp. (WIN).
The changes will result in the removal of CTC Media Inc. (NASDAQ: CTCM), Endo Pharmaceuticals Holdings Inc (NASDAQ: ENDP), LM Ericsson Telephone Co. (NASDQ: ERIC), Allscripts-Misys Healthcare Solutions Inc. (NASDAQ: MDRX), Myriad Genetics Inc. (NASDAQ: MYGN), Patterson-UTI Energy Inc. (NASDAQ: PTEN), Strayer Education Inc. (NASDAQ: STRA) and Techne Corp. (NASDAQ: TECH).
The change is effective March 22.
NASDAQ OMX Group (NASDAQ: NDAQ) is the world’s largest exchange company.
« EU fears protectionism at work in tanker project for Air Force – What DNA, Patents and Lady Gaga have in common »
No comments yet.
Sorry, the comment form is closed at this time.
Powered by WordPress -- XHTML 1.0