GREENSBORO, N.C.-RF Micro Devices, a provider of radio-frequency integrated circuits, has been added to the Nasdaq-100 Index, effective when the market opens Dec. 20, the company reported.
According to Nasdaq, all securities in the index are among the top 150 eligible securities based on closing prices as of Oct. 29, and the publicly available total shares outstanding as of Nov. 30.
In addition, companies in the index must have a minimum average daily trading volume of 100,000 shares, and they must have been listed on Nasdaq or another exchange for at least two years.
