TECH - Lucid Zoom eBay Among 6 Companies Ousted From Nasdaq 100 Index: What This Means For The Stocks | Benzinga
Struggling electric vehicle maker Lucid Group, Inc. (NASDAQ:LCID) and e-commerce company eBay, Inc. (NASDAQ:EBAY) were among six stocks that were removed from the Nasdaq 100 Index as part of an annual reconstitution.
What Happened: The Nasdaq exchange announced late Friday the results of the annual reconstitution, which showed that along with Lucid, eBay, Align Technology, Inc. (NASDAQ:ALGN), Enphase Energy, Inc. (NASDAQ:ENPH), JD.com, Inc. (NASDAQ:JD) and Zoom Video Communications, Inc. (NASDAQ:ZM) would be out of the index, effective prior to the market open on Dec. 18, 2023.
Replacing these stocks in the index would be CDW Corporation (NASDAQ:CDW), Coca-Cola Europacific Partners plc (NASDAQ: