Published on : Wednesday, December 18, 2013
TripAdvisor, the world’s largest travel site*, announced today that it has been added to the Nasdaq-100 Index®, effective Monday, December 23, 2013.
“Inclusion in the NASDAQ-100 Index reflects the progress the Company has made in the two years since our spin off,” said Steve Kaufer, Chief Executive Officer of TripAdvisor. “We are honored to join this elite group of companies.”
Launched in January 1985, the NASDAQ-100 Index® consists of 100 of the largest domestic and international non-financial securities listed on The NASDAQ Stock Market® based on market capitalization. As a result of the NASDAQ-100 inclusion, TripAdvisor’s common shares will also be included in the PowerShares® QQQ ETF.
PowerShares QQQ™, formerly known as “QQQ” or the “NASDAQ- 100 Index Tracking Stock®”, is an exchange-traded fund based on the NASDAQ-100 Index®. The Fund will, under most circumstances, consist of all of stocks in the Index.
Source:- Trip Advisor
Tags: Tourism News