Worried about Nvidia, Apple and Meta? Nasdaq has your back

By A Mystery Man Writer

To tackle the “over-concentration” of the Nasdaq 100, the index provider is carrying out a “special rebalance” on July 24 to redistribute weights after the run-up in megacap stocks. Although the out-of-cycle move was rare and blindsided some investors, it is a sign that the system is working as intended

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