Sign Up

Arm Holdings plc to join the Nasdaq-100 index

Table of Contents

Nasdaq announced late Thursday that Arm Holdings (NASDAQ:ARM), a UK-based, US-listed Company, will become a component of the Nasdaq-100 Index and various other Nasdaq indices.

The semiconductor firm is set to replace Sirius XM in the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index prior to market open on Monday, June 24, 2024.

Arm will also join the Nasdaq-100 Equal Weighted Index, the Nasdaq-100 Tech Sector Index, the Nasdaq-100 Technology Sector Market-Cap Weighted Index, and the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted Index.

In a note to clients earlier this month, analysts at Rosenblatt reiterated a Buy rating and $180 price target on Arm, telling investors they see it as a top secular pick alongside NVDA.

“We believe that the positive ARM PC and overall compute themes showcased last week at Computex in Taiwan will benefit the increasing pervasiveness of the company’s IP in the future,” said the investment firm.

Transform Your Trading Approach

Discover the next generation of asset trading with Trade Max. This revolutionary fusion of artificial intelligence and comprehensive data analytics offers exceptional trading capabilities. Trade Max empowers traders to address market challenges with unparalleled precision and sophistication.

Get Started

Trading offers the potential for profit, but it’s crucial to remember that significant losses are also a possibility. It’s estimated that around 70% of investors may encounter financial difficulties.

Please be aware that the names on our website, such as Trade Max , are purely for marketing and don’t represent specific entities or service providers. Our website’s videos are promotional and feature actors, not actual users or traders.

We strongly advise you to thoroughly examine the Terms & Conditions and Disclaimers of any third-party trading platforms you consider using. It’s also important to understand your obligations regarding capital gains tax in your jurisdiction. For example, in the US, trading in commodity options, including ‘prediction’ contracts, is legal only on exchanges approved by the CFTC or under legal exemption.

In the UK, the Financial Conduct Authority (FCA) has issued policy statement PS20/10, which bans the marketing, sale, and distribution of certain Contracts for Difference (CFDs) and limits promotional activities for CFDs and related financial products targeting UK residents.

By providing your personal information to us, you agree to its sharing with third parties offering trading services, as outlined in our Privacy Policy and Terms & Conditions. As an investor, you have various options: using trading software, consulting with human brokers, or making independent trading decisions. The choice ultimately lies with you.

Company

About
Team
Contact

Exploring the Actual Ties Between Elon Musk and Trade Max

Company

Privacy Policy

Terms Of Use

© 2024 Trade Max . All rights reserved.

About

Team

News

Contact

Sign up

Sign Up Now

Please enable JavaScript in your browser to complete this form.
Signing up means you agree to our Terms of Use and acknowledge our Privacy Policy.

Get Latest Price

Get explicit pricing details

Download Brochure

Register here & get all the details right now.