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Moderna, Inc. to Join the NASDAQ-100 Index Beginning July 20, 2020

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Nasdaq (NDAQ) announced that Moderna, Inc. (MRNA) will join the NASDAQ-100 Index, NASDAQ-100 Equal Weighted Index, and NASDAQ-100 Ex-Tech Sector Index before market open on July 20, 2020. Moderna replaces CoStar Group, Inc. (CSGP) due to CoStar's reclassification under the Industry Classification Benchmark (ICB). This change reflects adjustments in industry categorization and may impact the composition of the NASDAQ indices.

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NEW YORK, July 13, 2020 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that Moderna, Inc. (Nasdaq: MRNA), will become a component of the NASDAQ-100 Index® (Nasdaq: NDX), the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) and the NASDAQ-100 Ex-Tech Sector Index (Nasdaq: NDXX) prior to market open on Monday, July 20, 2020.  

Moderna, Inc. will replace CoStar Group, Inc. (Nasdaq: CSGP) in the NASDAQ-100 Index®, the NASDAQ-100 Equal Weighted Index and the NASDAQ-100 Ex-Tech Sector Index prior to market open on Monday, July 20, 2020.

CoStar Group, Inc. will leave the N-100 due to reclassification based on Industry Classification Benchmark (ICB) the globally utilized standard for the categorization and comparison of companies by industry and sector.

For more information Moderna, go to https://www.modernatx.com/.

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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.

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Media Contact: 
Joseph Christinat, Nasdaq
Joseph.Christinat@nasdaq.com
646 284 5920                 
                                                                    
Issuer & Investor Contact: 
Index Client Services, Nasdaq
Indexservices@nasdaq.com


FAQ

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

Moderna will be added to the NASDAQ-100 Index on July 20, 2020.

Why is Moderna replacing CoStar Group in the NASDAQ-100 Index?

Moderna is replacing CoStar Group due to CoStar's reclassification based on the Industry Classification Benchmark (ICB).

What other indices will Moderna join on July 20, 2020?

Besides the NASDAQ-100 Index, Moderna will also join the NASDAQ-100 Equal Weighted Index and the NASDAQ-100 Ex-Tech Sector Index.

What is the stock symbol for Nasdaq?

The stock symbol for Nasdaq is NDAQ.

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