Lumentum joins Nasdaq-100, CoStar exits
Analysis based on 6 articles · First reported May 09, 2026 · Last updated May 09, 2026
The market impact is primarily on the individual stocks involved. Lumentum Inc. may see increased investor interest and potential price appreciation due to its inclusion in the Nasdaq-100 Index, while CoStar Group, Inc. might experience some negative sentiment from its removal.
Nasdaq-100 announced that Lumentum Inc. will be added to the Nasdaq-100 Index, replacing CoStar Group, Inc. This change will take effect prior to market open on Monday, May 18, 2026. The Nasdaq-100 Index tracks the performance of 100 of the largest Nasdaq-listed non-financial companies and is a significant benchmark for many investment products.
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