“The Nasdaq 100 is made up of the largest non-financial companies listed on the exchange. While there’s no minimum requirement for market value, its stocks must have an average daily trading volume over 200,000 shares to be eligible. They also must be listed on a major exchange for three full months following their initial listing. Lucid qualifies under that criteria. Its larger competitor Rivian Automotive, which went public on Nov. 10, does not.
Lucid’s shares have dropped over 30% since their recent high on Nov. 16 amid a Securities and Exchange Commission investigation and a broader decline in momentum stocks. But Nasdaq bases its decisions for inclusion on where the stock closed on Oct. 31 and the shares outstanding as of Nov. 30, so that won’t affect the outcome.”
https://finance.yahoo.com/news/nasdaq-100-slots-seen-opening-113934344.html
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- Tiger_story·2021-12-11i still think lucid is too early and young to be listed in nasdaq 100. this move might hurt the company.1举报
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