ANSYS Planning to Join NASDAQ-100 Index
The NASDAQ-100 index is composed of the 100 largest non-financial company stocks listed on The Nasdaq Stock Market based on market capitalization.
December 20, 2019
ANSYS will become a component of the NASDAQ-100 Index, effective with the stock market open on Dec. 23, 2019. The NASDAQ-100 index is composed of the 100 largest non-financial company stocks listed on The Nasdaq Stock Market based on market capitalization.
“We are honored to join this elite group of the world's most successful and dynamic companies on the NASDAQ-100 Index,” says Ajei Gopal, ANSYS president and CEO. “The simulation market has incredible growth opportunities, and ANSYS' world-class ecosystem and innovative solutions ensure that we are in the best possible position to take advantage of them. This important milestone is a testament to the strength of our Pervasive Simulation strategy.”
The NASDAQ-100 Index is composed of the 100 largest non-financial companies listed on The NASDAQ Stock Market and dates to January 1985 when it was launched along with the NASDAQ Financial-100 Index, which is comprised of the 100 largest financial stocks on NASDAQ. These indexes act as benchmarks for financial products such as options, futures, and funds. The NASDAQ-100 is evaluated each year in December, timed to coincide with the quadruple witch expiration Friday of the quarter. The full Nasdaq-100 Index lists can be found here.
Sources: Press materials received from the company and additional information gleaned from the company’s website.