DocuSign, Inc. to Join the NASDAQ-100 Index Beginning June 22, 2020

Rhea-AI Summary

On June 12, 2020, Nasdaq (NDAQ) announced that DocuSign, Inc. (DOCU) will be added to the NASDAQ-100 Index, NASDAQ-100 Equal Weighted Index, and NASDAQ-100 Technology Sector Index effective June 22, 2020. This replacement will see DocuSign take the place of United Airlines Holdings, Inc. (UAL). United Airlines will also be removed from the NASDAQ-100 Ex-Tech Sector Index on the same date. This addition highlights DocuSign's significance in the market amid growing demand for digital transaction solutions.

Positive

• DocuSign joins the prestigious NASDAQ-100 Index, indicating strong market performance.
• The inclusion in multiple indices may boost DocuSign's visibility and investor interest.

Negative

• None.

NEW YORK, June 12, 2020 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that DocuSign, Inc. (Nasdaq: DOCU), will become a component of the NASDAQ-100 Index^® (Nasdaq: NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) and the NASDAQ-100 Technology Sector Index (Nasdaq: NDXT) prior to market open on Monday, June 22, 2020. DocuSign, Inc. will replace United Airlines Holdings, Inc. (Nasdaq: UAL) in the NASDAQ-100 Index^® and the NASDAQ-100 Equal Weighted Index. United Airlines Holdings, Inc. will be also be removed from the NASDAQ-100 Ex-Tech Sector Index (Nasdaq: NDXX) prior to market open on Monday, June 22, 2020.

For more information about the company, go to https://www.docusign.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:  Matthew Sheahan, Nasdaq
Matthew.Sheahan@nasdaq.com
Issuer & Investor Contact:  Index Client Services, Nasdaq
Indexservices@nasdaq.com

FAQ

When will DocuSign be added to the NASDAQ-100 Index?

DocuSign will be added to the NASDAQ-100 Index prior to market open on June 22, 2020.

Which company is being replaced in the NASDAQ-100 Index?

United Airlines Holdings, Inc. is being replaced by DocuSign in the NASDAQ-100 Index.

What other indices will DocuSign be included in?

DocuSign will also be included in the NASDAQ-100 Equal Weighted Index and NASDAQ-100 Technology Sector Index.

What impact does DocuSign's addition have on its stock?

Being added to the NASDAQ-100 Index can enhance DocuSign's visibility and potentially attract more investors, positively impacting its stock.

What change is happening to United Airlines in the NASDAQ index?

United Airlines Holdings, Inc. will be removed from the NASDAQ-100 Index and the NASDAQ-100 Ex-Tech Sector Index effective June 22, 2020.