Moderna to join Nasdaq-100 index on Oct. 9, replacing Warner Bros.

Moderna is set to join the Nasdaq-100 index on October 9. The biotechnology company will take the place of Warner Bros Discovery within the index. This transition marks a significant shift in the composition of the Nasdaq-100, as Moderna officially replaces Warner Bros Discovery to become a constituent of the prestigious stock market index. The change is scheduled to take effect on the specified date, altering the representation of companies within this specific financial benchmark.