Investing

Facebook Added to NASDAQ Q-50, Prelude to NASDAQ-100 Index Addition (FB, CNQR, GRPN, ONXX, RGLD, WDC, MELI, SINA)

The NASDAQ OMX Group Inc. (NASDAQ: NDAQ) has announced its changes in the quarterly reranking of the NASDAQ Q-50 Index, and the effects will take place prior to market open on Monday, September 24, 2012. The index is designed to track the performance of the 50 securities that are next in line to replace the securities currently included in the NASDAQ-100 Index. The big news is that Facebook Inc. (NASDAQ: FB) is being added to the list, and there is little doubt that Facebook will be added to the NASDAQ-100 at the next rebalance. The other companies being added to the index are as follows:

The following stocks are being removed from the list:

JON C. OGG

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