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It is time to shuffle the lineup of the Nasdaq 100 as the annual rebalancing takes place at the end of the week.
Rivian Automotive Inc. and Warner Bros. Discovery Inc. will be joining the Index.
The index will adjust the tech-heavy composition for changes in market capitalization, according to Bloomberg.
Those companies will be art of a slew of changes that will take effect at the start of trading on Dec. 19.
AMAZON, RIVIAN START ROLLING OUT ELECTRIC DELIVERY VANS