MicroStrategy (MSTR) and Axon Enterprise (AXON), three of the hottest stocks in 2024, will join the Nasdaq 100 index before the open on Dec. 23, Nasdaq Inc. said late Friday. On the way out? Moderna (MRNA), Super Micro Computer (SMCI) and Illumina (ILMN). They're among the smallest Nasdaq 100 members. Moderna stock has plunged in 2024, while Super Micro has dived from its March peak amid major accounting woes. Illumina is up slightly in 2024, but has been trending lower since early 2021. SMCI stock fell solidly late Friday — ahead of the Nasdaq 100 rebalancing — on a Bloomberg report that it's hired Evercore to help raise capital. ock IBD's Premium Stock Lists, Tools And Analysis Today How To Invest: Rules For When To Buy And Sell Stocks In Bull And Bear Markets Nasdaq Bucks Weak Breadth As Fed Looms; Is Nvidia An AI Laggard? Related news Nvidia CEO Jensen Huang with Blackwell GPU Dow Jones Futures: Nasdaq Holds Strong As Fed Looms; Is Nvidia Now An AI Laggard? 4:16 AM ET Nvidia should see strong demand continue as its Blackwell AI... Find The Next Palantir Or Hot — And 'Odd' — IPO With This Tool Novavax Cut Its Outlook Despite Beating Third-Quarter Forecasts. Is It A Sell In December 2024? Is Moderna Stock A Sell In December 2024 With Deep Losses Projected For The Fourth Quarter? AI News: Artificial Intelligence Trends And Top AI Stocks To Watch