Source: Wall Street See
Super micro computer is expected to be included in the Nasdaq 100 index, replacing the underperforming second largest chain drugstore in the United States, Walgreens.
After Standard & Poor's, it is expected to be included again.$Super Micro Computer (SMCI.US)$On the same day, the second largest chain pharmacy in the USA, Walgreens Boots Alliance (WBA.US), announced plans to close a large number of underperforming stores throughout the country due to persistent profit decline. The stock price of the company plummeted 22.2% on the day of the announcement.$NASDAQ 100 Index (.NDX.US)$.
AI concept stocks rose across the board overnight, and "AI monster stock" Super Micro Computer surged more than 7%.
On the same day, the second largest chain pharmacy in the USA, Walgreens Boots Alliance (WBA.US), announced plans to close a large number of underperforming stores throughout the country due to persistent profit decline. The stock price of the company plummeted 22.2% on the day of the announcement.$Walgreens Boots Alliance (WBA.US)$On the same day, the second largest chain pharmacy in the USA, Walgreens Boots Alliance (WBA.US), announced plans to close a large number of underperforming stores throughout the country due to persistent profit decline. The stock price of the company plummeted 22.2% on the day of the announcement.
The company's CEO, Tim Wentworth, said:
"Our current 'chain pharmacy' model has reached an unsustainable point, and the challenges of the operating environment require us to change our market strategy."
Some analysts believe that Super Micro Computer is expected to replace the underperforming Walgreens in the Nasdaq 100 index.
Currently, Walgreens has a market cap of about $10.5 billion, accounting for 0.05% of the total market cap of the Nasdaq 100 index (currently about $23 trillion), which is lower than the inclusion standard of 0.1% and is the smallest component stock in the index by market cap, facing the risk of being removed.
The Nasdaq 100 index consists of the 100 largest and most liquid non-financial companies listed on the Nasdaq market. According to its inclusion criteria, if a company fails to maintain a weight of 0.1% for two consecutive months, it may be replaced by other companies.
Earlier this month, chip maker ARM was included in the Nasdaq 100, replacing satellite broadcaster Sirius XM.
Boosted by the AI trend, Super Micro Computer's stock price has risen by more than 200% so far this year, and has surged more than 12 times in the past year, with a current market cap of approximately $52.89 billion.
In March of this year, Super Micro Computer was officially included in the S&P 500 index and became the best-performing company in the index over the past year.
Editor/tolk