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EVLO - Evelo Biosciences picked for addition to Nasdaq Biotechnology Index
Evelo Biosciences Inc.
In its annual selection of selecting constituents, NASDAQ Biotechnology Index added Evelo Biosciences (NASDAQ:EVLO) to its list, effective Dec.20 before market open. The NASDAQ Biotechnology Index is calculated under a modified capitalization-weighted methodology. Companies in the NASDAQ Biotechnology Index must meet eligibility requirements, including minimum market capitalization, average daily trading volume and seasoning as a public company, among other criteria.