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Facebook's stock might be getting another boost soon, thanks to Nasdaq.
The social-networking company is set to replace Infosys on the Nasdaq 100, the collection of the largest 100 nonfinancial companies trading on the stock exchange. The company will be added to the index on December 12, according to CNBC, roughly seven months after its difficult IPO.
Facebook Stock May Rise As The Company Gets Added To Nasdaq 100 [news.cnet.com]