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- GE HealthCare Technologies (NASDAQ:GEHC), the healthcare spinoff of GE (GE), will be part of the Nasdaq-100 (NDX) Index before the market opens on Wednesday, June 7, 2023, replacing the fintech firm, Fiserv (NASDAQ:FISV), Nasdaq (NDAQ) announced.
- Concurrently, GE HealthCare (GEHC) will replace Fiserv (FISV) in the Nasdaq-100 Equal Weighted Index (NDXE) and the Nasdaq-100 Ex-Tech Sector Index, according to Nasdaq (NDAQ).
- Health equipment maker’s addition to the Nasdaq-100 (NDX) comes after its shares delivered a gain of over 39% this year, following the company’s market debut in December. In comparison, Fiserv (FISV) has added only ~12% YTD, as indicated in this graph.
- With five Buy ratings, Seeking Alpha analysts are more bullish on GEHC’s prospects than those on Wall Street, who have issued six Buy ratings, two Hold ratings, and one Sell rating.