From the Nasdaq Press Release (selective portions):
The following six companies will be added to the Index: Airbnb, Inc. (Nasdaq: ABNB), Fortinet, Inc. (Nasdaq: FTNT), Palo Alto Networks, Inc. (Nasdaq: PANW), Lucid Group, Inc. (Nasdaq: LCID), Zscaler, Inc. (Nasdaq: ZS), Datadog, Inc. (Nasdaq: DDOG).
The Nasdaq-100 Index® is reconstituted each year in December, timed to coincide with the quadruple witch expiration Friday of the quarter.
As a result of the reconstitution, the following six companies will be removed from the Index: CDW Corporation (Nasdaq: CDW), Fox Corporation (Nasdaq: FOXA/FOX), Cerner Corporation (Nasdaq: CERN), Check Point Software Technologies Ltd. (Nasdaq: CHKP), Trip.com Group Limited (Nasdaq: TCOM), Incyte Corporation (Nasdaq: INCY).
It is good to see our companies growing and overtaking some legacy companies. I think it is interesting that of the companies being added, three are cybersecurity companies. One thing that they all have in common is that they offer innovative solutions, and are providing the services now that we will be using for the foreseeable future. Innovation and execution are a winning combination.