Netflix (NFLX) will become the newest member of the Nasdaq 100 as of June 6, replacing Perrigo...


Netflix (NFLX) will become the newest member of the Nasdaq 100 as of June 6, replacing Perrigo Co. (PRGO). Netflix's market cap is $12.1B, compared with Perrigo's $11.05B as of today's close. Perrigo announced last week that it is moving to NYSE.

From other sites
Comments (8)
  • Andrew Shapiro
    , contributor
    Comments (2152) | Send Message
     
    Nasdaq ought to clog their huge leaks.
    30 May 2013, 10:58 PM Reply Like
  • WisPokerGuy
    , contributor
    Comments (1363) | Send Message
     
    Don't worry PRGO. You'll be back in soon enough. As soon as people stop treating NFLX as some superstar of growth (which is a mirage in my opinion), the share price will be back around $100.
    30 May 2013, 11:06 PM Reply Like
  • techwonk
    , contributor
    Comments (288) | Send Message
     
    http://bit.ly/13rLsJx

     

    PRGO is moving to the NYSE. The company announced the change a week ago.
    31 May 2013, 10:49 PM Reply Like
  • techwonk
    , contributor
    Comments (288) | Send Message
     
    don't you hate it when that happens? ; )
    2 Jun 2013, 08:34 PM Reply Like
  • richernow
    , contributor
    Comments (47) | Send Message
     
    Hey Wispoke, God i hope your right! I'm short NFLX now and waiting patiently for a drop. Your 100.00 prediction would be a welcome success. I will make a fortune if it goes that far down. in the meantime, "Oh the pain, the PAIN"....l
    30 May 2013, 11:14 PM Reply Like
  • JohnBinTN
    , contributor
    Comments (4374) | Send Message
     
    The thing about Netflix is.... I use it, and I like it. Usually not an investment thesis, but I know a lot of people that also use it, and like it... I read comments from people that use Netflix, and like it... I don't own Netflix (yet), but there's that thing.... So.... Maybe.
    31 May 2013, 01:33 AM Reply Like
  • New Low Observer
    , contributor
    Comments (2477) | Send Message
     
    -One year after being added to the Nasdaq 100 in 2010, NFLX was down -60%.

     

    -Two years after being added to the Nasdaq 100 the stock was down -54%.

     

    -Five months after NFLX was dropped from the Nasdaq 100 on December 14, 2012, the stock increases +138%.

     

    Now, after having dropped the stock only 5 months earlier, OMX is adding NFLX back to the Nasdaq 100. How long before the stock plummets?

     

    source: "Annual Nasdaq 100 Re-Rank Review" http://seekingalpha.co...

     

    "Look for Netflix (NFLX) to be one of the two stocks added to the Nasdaq 100 index as the stock is twice the price that it was when it was booted from the Nasdaq 100 Index in December 2012, less than two months ago."

     

    source: "Lessons From Virgin Media Buyout" http://seekingalpha.co...

     

    It won't be immediate but the road could get rough for NFLX.

     

    Regards.
    31 May 2013, 02:21 AM Reply Like
  • SA_Member_8998191
    , contributor
    Comments (160) | Send Message
     
    What next, FB in the DJI?
    31 May 2013, 09:10 AM Reply Like
DJIA (DIA) S&P 500 (SPY)
ETF Hub
ETF Screener: Search and filter by asset class, strategy, theme, performance, yield, and much more
ETF Performance: View ETF performance across key asset classes and investing themes
ETF Investing Guide: Learn how to build and manage a well-diversified, low cost ETF portfolio
ETF Selector: An explanation of how to select and use ETFs