Overview
- The change takes effect before the market opens on December 22, 2025, as part of Nasdaq’s annual reconstitution.
- Ferrovial joins Alnylam Pharmaceuticals, Insmed, Monolithic Power Systems, Seagate Technology, and Western Digital, while Biogen, CDW, GlobalFoundries, Lululemon Athletica, ON Semiconductor, and The Trade Desk leave the index.
- Inclusion channels flows from index-tracking and benchmarked funds, expanding the company’s access to U.S. capital.
- Ferrovial trades in Spain, the Netherlands, and the United States, and it has a sizable U.S. footprint that includes the JFK Terminal 1 project.
- The company is valued at €41.5 billion after a 38% rise in 2025, meeting market-cap and liquidity criteria for entry.