CrowdStrike Holdings, Inc. to Join the NASDAQ-100 Index Beginning August 26, 2021

Rhea-AI Summary

On August 23, 2021, Nasdaq (NDAQ) announced that CrowdStrike Holdings, Inc. (CRWD) will be added to the NASDAQ-100 Index, NASDAQ-100 Equal Weighted Index, and NASDAQ-100 Technology Index. This transition will take effect before market open on August 26, 2021, with CrowdStrike replacing Maxim Integrated Products, Inc. (MXIM). This inclusion marks a significant change for both CrowdStrike and investors in the NASDAQ indices.

Positive

• CrowdStrike's inclusion in the NASDAQ-100 Index may enhance its visibility and attract more institutional investors.
• The move potentially signals a positive outlook for CrowdStrike as it continues to grow within tech-focused indices.

Negative

• None.

NEW YORK, Aug. 23, 2021 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that CrowdStrike Holdings, Inc. (Nasdaq: CRWD), will become a component of the NASDAQ-100 Index^® (Nasdaq: NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) and the NASDAQ-100 Technology Index (Nasdaq: NDXT) prior to market open on Thursday, August 26, 2021. CrowdStrike Holdings, Inc. will replace Maxim Integrated Products, Inc. (Nasdaq: MXIM) in the NASDAQ-100 Index^®, the NASDAQ-100 Equal Weighted Index and the NASDAQ-100 Technology Index.

For more information about the company, go to https://www.crowdstrike.com/.

About Nasdaq

Nasdaq (Nasdaq: NDAQ) is a global technology company serving the capital markets and other industries. Our diverse offering of data, analytics, software and services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions and career opportunities, visit us on LinkedIn, on Twitter @Nasdaq, or at www.nasdaq.com.

The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Statements regarding Nasdaq’s proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.

Media Contact:
Emily Pan, Nasdaq

Issuer & Investor Contact:
Index Client Services, Nasdaq
Indexservices@nasdaq.com

FAQ

What is the significance of CrowdStrike joining the NASDAQ-100 Index?

CrowdStrike joining the NASDAQ-100 Index may improve its market visibility and attract institutional investments, indicating strong growth prospects.

When will CrowdStrike become a component of the NASDAQ-100 Index?

CrowdStrike will officially join the NASDAQ-100 Index on August 26, 2021, prior to market open.

Which company is CrowdStrike replacing in the NASDAQ-100 Index?

CrowdStrike is replacing Maxim Integrated Products, Inc. (MXIM) in the NASDAQ-100 Index.

How might CrowdStrike's inclusion affect its stock price?

Inclusion in the NASDAQ-100 Index may lead to an increase in demand for CrowdStrike's stock, potentially driving up its price.

What other indices will CrowdStrike be part of after this announcement?

In addition to the NASDAQ-100 Index, CrowdStrike will also be included in the NASDAQ-100 Equal Weighted Index and the NASDAQ-100 Technology Index.