Impact of ENPH addition to NAS 100

Does this make it go up, down, or . . .

NEW YORK, Nov. 11, 2022 (GLOBE NEWSWIRE) – Nasdaq (Nasdaq: NDAQ) today announced that Enphase Energy, Inc. (Nasdaq: ENPH) will become a component of the NASDAQ-100 Index® (Nasdaq: NDX) and the NASDAQ-100 Equal Weighted Index (Nasdaq: NDXE) prior to market open on Monday, November 21, 2022. Enphase Energy, Inc. will replace Okta, Inc. (Nasdaq: OKTA) in the NASDAQ-100 Index® and the NASDAQ-100 Equal Weighted Index. Okta, Inc. will also be removed from the NASDAQ-100 Technology Sector Index (Nasdaq: NDXT) and the NASDAQ-100 Technology Sector Market-Cap Weighted Index (Nasdaq: NDXTMC) prior to market open on Monday, November 21, 2022. Enphase Energy, Inc. will be considered for inclusion in the NASDAQ-100 Ex-Technology Index (Nasdaq: NDXX) at the next quarterly rebalancing.

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According to this article it should be a plus for ENPH :grinning:

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Thanks Sparky!

MoneySlob
ENPH long and largest position in a never ending battle to outdo Saul

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Hmmm! ENPH looked great until 3 weeks ago!

Yeah. I didn’t follow thru on my plan to sell when ATH (around 350) and buy back when really low, as was the pattern for the last 2 years.
It is my highest position. Not sure if smart move.

MoneySlob

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