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March 2, 2021, 3:17 a.m. EST

Infineon to replace Nokia in Euro Stoxx 50

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By Steve Goldstein

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
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
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/zigman2/quotes/203672305/delayed
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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/zigman2/quotes/207421390/composite
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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/zigman2/quotes/210599380/delayed
XX : STOXX
3,961.90
-16.94 -0.43%
Volume: 0.00
April 12, 2021 11:03p
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