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Will SpaceX (SPCX) surge upon its inclusion in the Nasdaq 100 (July 7)?
SpaceX (SPCX) listed on the Nasdaq on June 12 and will be included in the Nasdaq 100 effective July 7. The rebalancing trades (compulsory buying and selling executed by ETFs and index funds tracking the Nasdaq 100 to align with the new composition ratios following the inclusion of SPCX, which are carried out in bulk at the market close on July 6) are currently at the stage of being executed at today's (July 6) close.
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