Reported Earlier, Arm Holdings To Join The Nasdaq-100 Index Starting June 24, 2024
Portfolio Pulse from Benzinga Newsdesk
Arm Holdings will join the Nasdaq-100 Index starting June 24, 2024.
June 14, 2024 | 6:32 am
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POSITIVE IMPACT
Arm Holdings will be included in the Nasdaq-100 Index starting June 24, 2024. This inclusion is likely to attract more institutional investors and increase the stock's liquidity.
Inclusion in the Nasdaq-100 Index typically leads to increased visibility and demand from institutional investors, which can positively impact the stock price. The increased liquidity and potential for higher trading volumes are also beneficial for the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100