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Meta Faces Weight Cut in Nasdaq 100's Special Rebalance

Meta Faces Weight Cut in Nasdaq 100's Special Rebalance
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Meta Faces Weight Cut in Nasdaq 100's Special Rebalance

(Bloomberg) When a “special rebalance” of the Nasdaq 100 Index was touched off to curb the dominance of the biggest technology stocks, Meta Platforms Inc. was the only megacap to fall below a crucial threshold for downsizing. Now it seems the social media giant will be pared back anyway. Most Read from BloombergMassive US Oil Caverns Sit Empty and Will Take Years to RefillDollar’s Busted Bull Run Has Bears Calling End of an EraSingapore House Speaker Resigns in New Blow to Ruling PartyRussia ....

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