“The Special Rebalance reflects our commitment to ensure the NASDAQ-100 Index remains a relevant benchmark for investors around the world who track the performance of the U.S. equity market.”
John Jacobs, Executive Vice President, NASDAQ OMX Global Index Group, in a press release following the news the Apple’s weight in the stock index will be reduced by approximately a half.
In the course of the last 10 years, Apple’s shares rose from $7 to $341.19 on April 4, 2011.
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