SpaceX Set to Benefit from Nasdaq 100 Index Weight Adjustment
On September 8, SpaceX's stock price has recently been fluctuating within a narrow range. The Nasdaq 100 Index is set to undergo quarterly rebalancing later this month, which may bring new buying opportunities. This technology stock has a significant weight in the benchmark index, which has a little-known rule during its compilation process. Additionally, the shareholder lock-up period for SpaceX, owned by Elon Musk, is arranged in phases, limiting the number of SpaceX shares available for trading in the market.
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