Apple Loses Weight
April 06, 2011 at 10:46 AM EDT
Apple Inc (AAPL) was attributed a lower weight in the tech-heavy Nasdaq 100 due to the rebalancing of the index by the Nasdaq OMX Group that is responsible for maintaining the Nasdaq index, effective May 2, 2011. Apple currently represents about 20.49% of the total index weight and post rebalancing, Apple will carry a weight [...]