Peloton Interactive stock to be replaced by Old Dominion Freight Line in Nasdaq 100
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Peloton Interactive (NASDAQ:PTON) will drop out of the Nasdaq 100 (NDX)
(NASDAQ:QQQ) index, while Old Dominion Freight Line (NASDAQ:ODFL) takes its place.
PTON is off 1% in premarket trading, while ODFL is little changed.
The move will take place prior to the start of trading on Monday, Jan. 24, the Nasdaq says.

ODFL will also replace PTON in the Nasdaq 100 equal weight (NDXE)
(NYSEARCA:QQQE) and the Nasdaq 100 ex-tech (NDXX)
(NASDAQ:QQXT).
PTON shares are down 80% over the last year and down more than 10% this year already, including a drop more than 6% yesterday.
ODFL is up nearly 60% in the past year.
Keybanc weighed in on Peloton (PTON) last week, saying orders showed improving demand.