Facebook Inc. joins the Nasdaq-100 Index at the start of trading Wednesday, a move accelerated by the departure of Infosys Ltd., which is moving to the New York Stock Exchange.
The social network will make up roughly 1 percent of the index, according to data provider Markit, and will be its 23rd-largest component. The Nasdaq-100 collects the 100 biggest nonfinancial companies trading on Nasdaq OMX Group’s Nasdaq Stock Market.
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