TradingKey – On September 8 Eastern Time, SpaceX (SPCX)’s stock price broke through its intermediate high of $150, with technicals showing SpaceX’s stock price is expected to break further above $161.

Nasdaq is expected to announce its rebalancing results after the U.S. market close this Friday, with changes officially taking effect on September 21. It is reported that when determining a company’s index weight, Nasdaq calculates based on its market capitalization and compares its total shares outstanding with three times its free-float shares, taking the lower of the two figures.

For stocks with a low proportion of free-float shares, their full market capitalization is not used to calculate index weight. Restricted by lock-up periods,…