What The Nasdaq 100 Special Rebalance Means For Investors

Overconcentration is one of 2023's key themes amid an epic rally in the same handful of mega-cap US tech names that've dominated markets for years -- plus two, in Nvidia and Tesla. The situation became acute enough earlier this month to force a special rebalance for the Nasdaq 100. Naturally, the announcement raised a few questions about the potential impact of the move, which'll go into effect in a week. Spoiler alert: Any impact on individual stocks will be small and it's probably in the pri