The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced today the results of the quarterly re-ranking of the NASDAQ Q-50 IndexSM (Nasdaq:NXTQ), which will become effective prior to market open on Monday, September 24, 2012.
The following nine securities will be added to the Index: Concur Technologies, Inc. (Nasdaq:CNQR), Facebook, Inc. (Nasdaq:FB), Groupon, Inc. (Nasdaq:GRPN), Mellanox Technologies, Ltd. (Nasdaq:MLNX), NXP Semiconductors N.V. (Nasdaq:NXPI), ONYX Pharmaceuticals, Inc. (Nasdaq:ONXX), Royal Gold, Inc. (Nasdaq:RGLD), tw telecom inc. (Nasdaq:TWTC) and Western Digital Corporation (Nasdaq:WDC).
The Index is designed to track the performance of the 50 securities that are next in line to replace the securities currently included in the NASDAQ-100 Index®. The NASDAQ Q-50 Index is re-ranked on a quarterly basis. For more information about the NASDAQ Q-50 Index, including detailed eligibility criteria, visit https://indexes.nasdaqomx.com/docs/methodology_NXTQ.pdf.
As a result of the re-ranking, the following nine securities will be removed from the Index: Atmel Corporation (Nasdaq:ATML), Endo Health Solutions Inc. (Nasdaq:ENDP), Informatica Corporation (Nasdaq:INFA), Lincoln Electric Holdings, Inc. (Nasdaq:LECO), MercadoLibre, Inc. (Nasdaq:MELI), ON Semiconductor Corporation (Nasdaq:ONNN), Patterson Companies, Inc. (Nasdaq:PDCO), Ryanair Holdings plc (Nasdaq:RYAAY) and Sina Corporation (Nasdaq:SINA).