bullish

AppLovin

NASDAQ 100 Index Rebalance: Lovin' It as AppLovin (APP) Replaces Dollar Tree (DLTR)

430 Views11 Nov 2024 16:45
AppLovin (APP US) will replace Dollar Tree Inc (DLTR US) in the Nasdaq100 Index after the close on 15 November. Passive trackers need to buy US$1.6bn in AppLovin and sell US$250m in Dollar Tree.
What is covered in the Full Insight:
  • NASDAQ 100 Index Rebalance Overview
  • Impact on AppLovin
  • Impact on Dollar Tree
  • Stock Performance Post-Announcement
  • Future Index Inclusion Prospects
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