07:24 AM EDT, 05/12/2025 (MT Newswires) -- Shopify ( SHOP ) jumped 9% in U.S. pre-market trading after the Nasdaq said the company's shares will be added to the Nasdaq-100 Index and the Nasdaq-100 Equal Weighted Index prior to the start of trading on May 19.
Shopify ( SHOP ) will also replace MongoDB (MDB) in other indices, including the Nasdaq-100 Tech Sector Index and the Nasdaq-100 Technology Sector Market-Cap Weighted Index.
MongoDB will also be removed from several other Nasdaq indices.
Shopify ( SHOP ) shares were last seen trading US$8.24 higher at US$100.01.