Google Tops List of New Nasdaq 100 Entries
High-flying Internet company Google Inc. and 11 other companies were added Monday to the Nasdaq 100, the Nasdaq Stock Market’s index of the 100 largest non-financial companies listed on the market. The Nasdaq 100 is a widely used benchmark for a variety of mutual funds and exchange-traded funds. The Nasdaq 100 Index Tracking Stock, better known as the QQQ, is one of the most popular index-linked stocks in the world and is a component of hundreds of mutual funds and pension funds. The trust that runs QQQ has more than $20 billion under management.
more here www.forbes.com/technology/feeds/ap/2005/12/12/ap2386241.html
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