Sandisk to affix Nasdaq-100 in newest index reshuffle; Atlassian to be eliminated By Investing.com

Investing.com — Nasdaq Inc (NASDAQ:NDAQ) introduced late Friday that will be a part of the , marking a big shift within the benchmark’s composition. 

Sandisk is about to interchange earlier than the market open on Monday, April 20, 2026.

A momentum shift in tech elements

The inclusion of Sandisk highlights the corporate’s latest market cap growth and its pivotal function within the international knowledge storage and semiconductor panorama. 

As a element of the Nasdaq-100, Sandisk will be a part of an elite group of the 100 largest non-financial firms listed on the Nasdaq Inventory Market. 

The transfer is anticipated to set off important institutional shopping for, as greater than 200 funding merchandise, together with the favored Invesco QQQ Belief, observe the index, representing over $600 billion in belongings underneath administration globally.

Atlassian’s removing comes because the software-as-a-service (SaaS) large faces a difficult valuation surroundings. 

The corporate nonetheless leads in collaboration instruments, and its exit from the index displays the broader market’s pivot towards {hardware} and infrastructure performs that assist the burgeoning AI and knowledge financial system. 

Sandisk’s inclusion within the index follows the present Nasdaq-100 methodology, which stays in impact by way of April 30, 2026.

Passive inflows and market influence

Traders stay up for the addition of Sandisk to the NASDAQ 100 index, which usually ends in a “pre-inclusion rally” as index-tracking funds regulate their portfolios to reflect the brand new benchmark. 

Sandisk’s entry into the index offers it with elevated visibility and liquidity, typically reducing the price of capital for the constituent agency. Conversely, Atlassian could face short-term promoting strain as passive funds divest their holdings to accommodate the change.

This reshuffle happens towards a unstable geopolitical backdrop, the place semiconductor provide chains stay underneath intense scrutiny as a result of ongoing regional battle within the Center East. 

Nasdaq-100’s deal with large-cap, non-financial innovation continues to make it a major barometer for the worldwide “innovation financial system.” Full earnings for Sandisk and the up to date index weightings shall be intently monitored by analysts main as much as the April 20 implementation date.





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