Nebius to Join Nasdaq-100 on June 22, Shares Jump 4.44% Pre-Market
NBIS•Nebius will join the Nasdaq-100 index effective June 22 as part of the quarterly rebalance that removes Charter Communications, Cognizant, Insmed, Verisk Analytics and Zscaler. The stock rallied 4.44% in premarket trading following the announcement, reflecting expected inflows from index-tracking funds.
1. Nasdaq-100 Index Addition
Nebius Group N.V. is scheduled to join the Nasdaq-100 on June 22 as part of the quarterly rebalance that removes Charter Communications, Cognizant, Insmed, Verisk Analytics and Zscaler.
2. Stock Market Reaction
Shares of Nebius surged 4.44% in premarket trading following the announcement, with investors anticipating significant inflows from index-tracking funds.
3. Strategic Growth Positioning
As an AI cloud services provider, Nebius’s inclusion underscores the Nasdaq-100’s increasing focus on AI infrastructure and positions it alongside peers like Rocket Lab and CoreWeave.
