E-Trade joins Nasdaq index |
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Wed, 31 Jan 2007 20:25
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NEW YORK (AFX) - E-Trade Financial Corp., one of the top U.S. discount brokerages, on Wednesday was named as a component of the Nasdaq Financial 100 index.The New York-based company, which has a market value of about $10 billion, re-listed on the Nasdaq in December. E-Trade defected from the Nasdaq to list on the New York Stock Exchange before switching back.E-Trade replaced Charter Financial Corp. in the index. Charter delisted its stock from the Nasdaq, and now trades over the counter.Shares of E-Trade rose 17 cents to $24.01 in afternoon trading.Copyright 2006 Associated Press. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.
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