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Shopify Inc to Join the Nasdaq-100 Index® Beginning May 19, 2025

1. Shopify joins the Nasdaq-100 Index on May 19, 2025. 2. MongoDB will be removed from several key Nasdaq indices. 3. Shopify's inclusion may enhance its market visibility and trading volume. 4. Index changes could impact investor sentiment around NDAQ's management strategies. 5. Inclusion in the Nasdaq-100 often leads to stock price appreciation.

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FAQ

Why Bullish?

Shopify's inclusion in the Nasdaq-100 typically boosts visibility and trading, as seen with past index inclusions like Tesla in 2020, which spurred significant price appreciation for other index components.

How important is it?

The news directly affects market perceptions of Shopify, influencing trading patterns and potentially NDAQ's stock performance.

Why Short Term?

The change is imminent; market participants will adjust their positions quickly to this news, similar to Shopify's initial public offering effects.

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SHOPMDB
May 09, 2025 20:00 ET  | Source: Nasdaq, Inc. NEW YORK, May 09, 2025 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq: NDAQ) today announced that Shopify Inc. (Nasdaq: SHOP), will become a component of the Nasdaq-100 Index® (Nasdaq: NDX®) and the Nasdaq-100 Equal Weighted™ Index (Nasdaq: NDXE™) prior to market open on Monday, May 19, 2025. Shopify Inc. will replace MongoDB, Inc. (Nasdaq: MDB) in the Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted™ Index. MongoDB, Inc. will also be removed from the Nasdaq-100 Tech Sector™ Index (Nasdaq: NDXT™), the Nasdaq-100 Technology Sector Market-Cap Weighted™ Index (NDXTMC™), the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index (NDXT10™), the Nasdaq-100 ESG™ Index (Nasdaq: NDXESG™), the Nasdaq-100 Sustainable ESG Select™ Index (Nasdaq: NDXSES™) , the Nasdaq-100 ex Top 30™ Index (Nasdaq: NDX70™), the Nasdaq-100 ex Top 30 UCITS™ Index (Nasdaq: NDX70U™), and the Nasdaq-100 High Beta™ Index (Nasdaq: NDXHB™) on the same date. Shopify Inc. will replace MongoDB, Inc. in the Nasdaq-100 Tech Sector™ Index (Nasdaq: NDXT™), the Nasdaq-100 Technology Sector Market-Cap Weighted™ Index (NDXTMC™), and the Nasdaq-100 Technology Sector Adjusted Market-Cap Weighted™ Index (NDXT10™) on the same date. For more information about the company, go to https://www.shopify.com/. About Nasdaq Nasdaq (Nasdaq: NDAQ) is a leading global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the broader financial system. We aspire to deliver world-leading platforms that improve the liquidity, transparency, and integrity of the global economy. Our diverse offering of data, analytics, software, exchange capabilities, and client-centric services enables clients to optimize and execute their business vision with confidence. To learn more about the company, technology solutions, and career opportunities, visit us on LinkedIn, on X @Nasdaq, or at www.nasdaq.com. 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 Nasdaq, 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. Media Contacts: Maximilian Leitenberger, Nasdaq, Maximilian.Leitenberger@nasdaq.com Issuer & Investor Contact: Index Client Services, Nasdaq, Indexservices@nasdaq.com -NDAQG-

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