Nvidia, Activision picked for Nasdaq 100 index

By Brendan Sinclair, GameSpotPosted Dec 12, 2005 12:30 pm PT

Gaming companies break into listing of largest nonfinancial stocks on the market.

Every December, the Nasdaq stock exchange revises its list of the 100 biggest nonfinancial companies trading on the market, ushering in companies on their way up and kicking out those who fell behind the curve. This year the exchange is welcoming a dozen new companies into the fold, including game publisher Activision and graphics chipmaker Nvidia.

"The re-ranking is a unique event in that investors ultimately determine which companies are members of one of the most closely followed indexes in the world," John L. Jacobs, executive vice president of Nasdaq, said in a statement. "The re-ranking process is objective, rules-based and transparent--one that ensures the Nasdaq 100 Index will continue to be an important benchmark by which you can invest in a diverse array of Nasdaq-listed companies."

Activision and Nvidia join respective game-industry rivals Electronic Arts and ATI on the Nasdaq 100, which also features the likes of Dell, Intel, Pixar, and Starbucks. Google, Urban Outfitters, Expedia, and Monster Worldwide were among the incoming Nasdaq 100 companies, while Dollar Tree Stores, Novellus Systems, and Sanmina-SCI Corporation are among the departing dozen.

Inclusion in the Nasdaq 100 is good news for those companies and their shareholders because fund managers trying to duplicate the index will be more likely to pick up shares in them. Also, shares from each company are included in the Nasdaq 100 Index Tracking Stock, among the world's most actively traded exchange-traded funds, going by average volume of daily share trading, and the most actively traded listed equity security in the US.

25 Comments

  • meischris39

    Posted Dec 13, 2005 12:24 pm PT

    i want to see this list

  • protennisplayer

    Posted Dec 13, 2005 9:04 am PT

    Now they notice! Well games will be the next big entertainment industry. Watch out movies!

  • NeoJedi

    Posted Dec 13, 2005 8:11 am PT

    Great news for both companies, gaming is finally making it's mark.

  • orvenguy

    Posted Dec 13, 2005 5:00 am PT

    Now, exactly which place was the mentioned companies anyway?

  • SavoyPrime

    Posted Dec 13, 2005 4:43 am PT

    Interesting. It would be even more interesting to me if I was in the stocks game.

  • crazyluc

    Posted Dec 13, 2005 4:13 am PT

    money, corporation, money, power, money, BULLSH*T !!!

  • Myugenjin

    Posted Dec 12, 2005 9:52 pm PT

    Doesn't the PSP have driver updates or sumthin?

  • Myugenjin

    Posted Dec 12, 2005 9:49 pm PT

    LOL since i trade stocks non-financial means company's that arent financial institutions (i.e. banks, loan comps, credit cards, ect) basically this means that by them making the list old rich white men who care nothing for gaming will invest tons of money into these comps thus giving the comps collateral to get loans for better/stronger development. This is what made EA and Nvidia bigger then their rivals. 2006-07 is expected for SEGA, TTwo, UBI, and ACTIVISION to overtake EA's position and raise the overall videogame market. So basically who ever has the good game at a lower price ($50) is really gonna come out as king!

  • Damnyoutohell

    Posted Dec 12, 2005 9:26 pm PT

    Im too lazy too read.. i just wanted to have my comment on the first page. haha. but i did read half of it. lol.

  • mutenpika

    Posted Dec 12, 2005 7:03 pm PT

    Ha! Nvidia owns!
    Message: If the PS3 has a good online ability, Sony might get Nvidia to release new drivers for the GPU making the system like 1.5 times faster. I doubt you can expect ATI to do something like that for The Xbox 360 or Revolution. Maybe after a driver update, that Killzone 2 CGI trailer won't be so unattainable...

  • reallaughingman

    Posted Dec 12, 2005 6:20 pm PT

    ok, so the indext just dumped 12 other companies, what happened to their stock shares?

  • CaptainCrazy

    Posted Dec 12, 2005 6:11 pm PT

    Hehehe you can tell by the one liner comments that us gamers aren't into finance too much!

  • forever_blank

    Posted Dec 12, 2005 5:31 pm PT

    Hmmmm

  • LordOfMidnight

    Posted Dec 12, 2005 3:07 pm PT

    *sings Movin' On Up*

  • Beebo79

    Posted Dec 12, 2005 2:59 pm PT

    What does it mean by "nonfinancial" stocks?

  • Game_Jeremy

    Posted Dec 12, 2005 2:36 pm PT

    ...Google does socks/money trading? Hope they have SONY, Square, Enix & Square-Enix on the list :p. Btw Ubisoft too for thier 'Lapis' Game

  • EqualPlatinum

    Posted Dec 12, 2005 1:57 pm PT

    Buy buy buy! Wait, Sell sell sell!

  • Zombie2k

    Posted Dec 12, 2005 1:50 pm PT

    Starbucks FTW!!!!!

  • jordan003

    Posted Dec 12, 2005 1:36 pm PT

    Go Nvidia and Activision

  • sv_digger

    Posted Dec 12, 2005 1:34 pm PT

    good news for them

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