In a market such as the games publishing market where risk aversion on favour of increasing shareholder value is the main goal, being delisted from a specialist technology exchange most valuable 100 stocks could be seen as a massive, massive failure of management. Over to you Electronic Arts...
You see every years specialist tech stock exchange NASDAQ re-ranks the shares that are listed on its market. This year EA was re-ranked out. NASDAQ says:
"As a result of the re-ranking, the following ten securities will be removed from the Index: Apollo Group, Inc. (Nasdaq:APOL), Electronic Arts Inc. (Nasdaq:EA), Flextronics International Ltd. (Nasdaq:FLEX), Green Mountain Coffee Roasters, Inc. (Nasdaq:GMCR), Lam Research Corporation (Nasdaq:LRCX), Marvell Technology Group Ltd. (Nasdaq:MRVL), Netflix, Inc. (Nasdaq:NFLX), Research In Motion Limited (Nasdaq:RIMM), VeriSign, Inc. (Nasdaq:VRSN) and Warner Chilcott plc (Nasdaq:WCRX)."
No reasons are given but what is given is a list of the companies replacing those reranked outside the Top 100:
"Analog Devices, Inc. (Nasdaq:ADI), Catamaran Corporation (Nasdaq:CTRX), Discovery Communications, Inc. (Nasdaq:DISCA), Equinix, Inc. (Nasdaq:EQIX), Liberty Global, Inc. (Nasdaq:LBTYA), Liberty Media Corporation (Nasdaq:LMCA), Regeneron Pharmaceuticals, Inc. (Nasdaq:REGN), SBA Communications Corporation (Nasdaq:SBAC), Verisk Analytics, Inc. (Nasdaq:VRSK) and Western Digital Corporation (Nasdaq:WDC)."
In short, no other games company replaces EA.
Source: NASDAQ
You see every years specialist tech stock exchange NASDAQ re-ranks the shares that are listed on its market. This year EA was re-ranked out. NASDAQ says:
"As a result of the re-ranking, the following ten securities will be removed from the Index: Apollo Group, Inc. (Nasdaq:APOL), Electronic Arts Inc. (Nasdaq:EA), Flextronics International Ltd. (Nasdaq:FLEX), Green Mountain Coffee Roasters, Inc. (Nasdaq:GMCR), Lam Research Corporation (Nasdaq:LRCX), Marvell Technology Group Ltd. (Nasdaq:MRVL), Netflix, Inc. (Nasdaq:NFLX), Research In Motion Limited (Nasdaq:RIMM), VeriSign, Inc. (Nasdaq:VRSN) and Warner Chilcott plc (Nasdaq:WCRX)."
No reasons are given but what is given is a list of the companies replacing those reranked outside the Top 100:
"Analog Devices, Inc. (Nasdaq:ADI), Catamaran Corporation (Nasdaq:CTRX), Discovery Communications, Inc. (Nasdaq:DISCA), Equinix, Inc. (Nasdaq:EQIX), Liberty Global, Inc. (Nasdaq:LBTYA), Liberty Media Corporation (Nasdaq:LMCA), Regeneron Pharmaceuticals, Inc. (Nasdaq:REGN), SBA Communications Corporation (Nasdaq:SBAC), Verisk Analytics, Inc. (Nasdaq:VRSK) and Western Digital Corporation (Nasdaq:WDC)."
In short, no other games company replaces EA.
Source: NASDAQ
Companies:
Electronic Arts
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