Moderna to replace Warner Bros Discovery  on Nasdaq 100

By Reuters News

Oct 1 (Reuters) - Nasdaq NDAQ.O said on Thursday that vaccine maker Moderna MRNA.O will replace Warner Bros. Discovery WBD.O on the Nasdaq 100 index .NDX, effective October 9.

Here are some details:

  • Moderna shares have jumped more than sixfold this year to a valuation of roughly $75 billion.

  • Warner Bros. Discovery is also set to be removed from indexes of major providers such as MSCI and S&P as its merger with Paramount Skydance is expected to close on October 6 after a months-long holdup.

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