Advertisement

Conexant Systems to Join Nasdaq-100

Share via
Dow Jones

Conexant Systems Inc., the Newport Beach semiconductor company that was spun off from Rockwell International Corp. this year, will replace Chancellor Media Corp. on the Nasdaq-100 Index, effective Wednesday.

Conexant shares closed Friday at $61.50, up $1.63. The stock has more than tripled in value so far this year.

Advertisement