Benzinga | Dec 12, 2020 04:43PM EST

Nasdaq-100's Annual Reconstitution: Expedia and Citrix Out, Peloton and Marvell Technology In

Nasdaq Inc (NASDAQ:NDAQ) has announced the annual reconstitution of its Nasdaq-100 Index.

The changes will come into effect on Dec. 21, prior to the market's open. The Nasdaq-100 Index lists the 100 largest non-financial companies on the Nasdaq and is the basis of the Invesco QQQ Trust (NASDAQ:QQQ).

In: The companies being added are:

* American Electric Power Company, Inc. (NASDAQ:AEP)

* Marvell Technology Group Ltd. (NASDAQ:MRVL)

* Match Group, Inc. (NASDAQ:MTCH)

* Okta, Inc. (NASDAQ:OKTA)

* Peloton Interactive, Inc. (NASDAQ:PTON)

* Atlassian Corporation Plc (NASDAQ:TEAM)

The identity and access management company Okta has grown by 118.73% year to date, while the software development company Atlassian Corporation grew by 92.80%.

Fitness company Peloton, which gained significant attention this year due to increased home training amid lockdowns, has shown 38% growth.

Out: The companies being removed are:

* BioMarin Pharmaceutical Inc. (NASDAQ:BMRN)

* Citrix Systems, Inc. (NASDAQ:CTXS)

* Expedia Group, Inc. (NASDAQ:EXPE)

* Liberty Global plc (NASDAQ:LBTYA) (NASDAQ:LBTYK)

* Take-Two Interactive Software, Inc. (NASDAQ:TTWO)

* Ulta Beauty, Inc. (NASDAQ:ULTA)

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