NEW YORK, June 14, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced the results of the Special Evaluation of the NASDAQ Internet Index® (Nasdaq:QNET), which will become effective prior to market open on Monday, June 24, 2013.
The primary purpose of this Special Evaluation is to include securities that may have been excluded from the Index during the March Annual Evaluation due to industry sector reclassification changes instituted by several organizations. This review is comprehensive and takes into account all of the eligibility criteria listed in the Index methodology. All securities meeting the eligibility criteria have been included; however, no deletions will be made at this time.
As a result of the Special Evaluation, the following nine securities will be added to the Index: Brightcove Inc. (Nasdaq:BCOV), Ctrip.com International, Ltd. (Nasdaq:CTRP), NQ Mobile Inc. (NYSE:NQ), Pandora Media, Inc. (NYSE:P), Support.com, Inc. (Nasdaq:SPRT), SciQuest, Inc. (Nasdaq:SQI), Xoom Corporation (Nasdaq:XOOM), YY Inc. (Nasdaq:YY) and Zillow, Inc. (Nasdaq:Z).
In addition to qualifying for this sector, companies being added met all other continued eligibility criteria. For more information about the NASDAQ Internet Index, including a list of the companies in the index and the eligibility criteria, please visit www.NASDAQOMX.com/indexes.
The Index is designed to track the performance of the largest and most liquid U.S.-listed companies engaged in internet-related businesses. The NASDAQ Internet Index is evaluated annually in March.
About NASDAQ OMX Global Indexes
NASDAQ OMX Global Indexes has been creating innovative, market-leading, transparent indexes since 1971. Today, our index offering spans geographies and asset classes and includes diverse families such as the Dividend Achievers, Global, Nordic, Green Economy, Sharia and Commodity Indexes. We continuously offer new opportunities for financial product sponsors across a wide-spectrum of investable products and for asset managers to measure risk and performance. NASDAQ OMX Global Indexes also provides custom index services and design solutions to selected financial organizations. For more information about NASDAQ OMX Global Indexes, visit indexes.nasdaqomx.com.
About NASDAQ OMX Group
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 23 markets, 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-40 microsecond speeds with 99.99+% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to over 3,300 listed companies worth more than $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (www.facebook.com/NASDAQ) and Twitter (www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular financial product or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any financial product or any representation about the financial condition of any company or fund. Statements regarding NASDAQ's proprietary indexes are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
Cautionary Note Regarding Forward-Looking Statements
The matters described herein contain forward-looking statements that are made under the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These statements include, but are not limited to, statements about the NASDAQ Internet Index and NASDAQ OMX's other products and offerings. We caution that these statements are not guarantees of future performance. Actual results may differ materially from those expressed or implied in the forward-looking statements. Forward-looking statements involve a number of risks, uncertainties or other factors beyond NASDAQ OMX's control. These factors include, but are not limited to factors detailed in NASDAQ OMX's annual report on Form 10-K, and periodic reports filed with the U.S. Securities and Exchange Commission. We undertake no obligation to release any revisions to any forward-looking statements.
CONTACT: NASDAQ OMX Media Contact: Wayne Lee +1.301.978.4875 Wayne.D.Lee@NASDAQOMX.Com NASDAQ OMX Issuer and Investor Contact: Natasha Selzer +1.301.978.8623 Natasha.Selzer@NASDAQOMX.Com
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