Infineon to replace Nokia in Euro Stoxx 50

Microchip maker Infineon Technologies /zigman2/quotes/204995926/delayed DE:IFX -0.80% is going to replace telecom equipment maker Nokia /zigman2/quotes/203672305/delayed FI:NOKIA -0.32% /zigman2/quotes/207421390/composite NOK -1.45% in the Euro Stoxx 50 /zigman2/quotes/210599380/delayed XX:SX5E -0.43% , Stoxx said late Monday. The move is effective March 22. Stoxx didn't provide an explanation, but microchip makers have been buoyed by strong demand and a shortage of supplies. In early trade, Nokia slipped 1.3% while Infineon slipped 0.4%.

/zigman2/quotes/204995926/delayed

Add to watchlist DE:IFX

Infineon Technologies AG

DE : Germany: Frankfurt

€ 35.19

-0.29 -0.80%

Volume: 11,400

April 12, 2021 8:59p

P/E Ratio

N/A

Dividend Yield

N/A

Market Cap

N/A

Rev. per Employee

€194,374

/zigman2/quotes/203672305/delayed

Add to watchlist FI:NOKIA

Nokia Corp.

FI : Finland: Helsinki

€ 3.47

-0.01 -0.32%

Volume: 11.17M

April 12, 2021 6:29p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

€19.64 billion

Rev. per Employee

N/A

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Add to watchlist NOK

Nokia Corp. ADR

US : U.S.: NYSE

$ 4.07

-0.06 -1.45%

Volume: 20.12M

April 12, 2021 4:00p

P/E Ratio

N/A

Dividend Yield

0.00%

Market Cap

$23.36 billion

Rev. per Employee

N/A

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Add to watchlist XX:SX5E

EURO STOXX 50 Index

XX : STOXX

3,961.90

-16.94 -0.43%

Volume: 0.00

April 12, 2021 11:03p