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Portugal Pulse: Portugal News / Expats Community / Turorial / Listing

Ferrostal becomes part of the Nasdaq-100 index at the New York Stock Exchange.

The Spanish multinational specializing in infrastructure and services, with operations in construction, has been included in the index alongside six other companies, while six others have been removed. These changes will take effect on December 22, before the market opens.

The company, which debuted on the New York Stock Exchange (NYSE) in 2024 through a direct listing, joined the Nasdaq-100 along with Alnylam Pharmaceuticals, Inc. (ALNY), Insmed Inc. (INSM), Monolithic Power Systems, Inc. (MPWR), Seagate Technology Holdings plc (STX), and Western Digital Corp. (WDC).

Following this year’s reconstitution, six companies will be eliminated from the index: Biogen Inc. (BIIB), CDW Corporation (CDW), GlobalFoundries Inc. (GFS), Lululemon Athletica Inc. (LULU), ON Semiconductor Corporation (ON), and The Trade Desk, Inc. (TTD).

The Spanish company relocated its corporate headquarters to the Netherlands in 2023 and began direct listing on the New York Stock Exchange in 2024. This move was announced as a step to improve capital access and increase visibility in the world’s primary financial market.

Inclusion in the Nasdaq-100 strengthens this positioning and solidifies Ferrovial as one of the international infrastructure companies with a significant presence in the North American markets.

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