Hon Hai Precision Industry Co Ltd
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Based in Taiwan, Province Of China
Company profile

Hon Hai Precision Industry Co Ltd is a Taiwan-based company mainly engaged in the provision of various connectors, housings, radiators, assembled products and related products related to the information industry, communication industry, automation equipment industry, optoelectronics industry, precision machinery industry, automotive industry, and consumer electronics industry, as well as the manufacture and sale of network cable assembly and other products. The Company's products include components, modules and system assembly products in the fields of computers, modules and consumer electronics (3C) electronic products. The components include 3C connectors, wire-mounted products and other components. The modules include mechanical modules and electronic modules. The system assembly products include assembly of finished products of 3C products. The Company operates businesses in domestic and overseas markets.

Closing Price
$2.88
Day's Change
0.00 (0.00%)
Bid
--
Ask
--
B/A Size
--
Day's High
2.88
Day's Low
2.88
Volume
15,600

Tesla is technically the 'Spiders' 5th highest weighted component

6:44 am ET December 21, 2020 (MarketWatch)
Print

Tesla Inc. (TSLA) is technically a lot smaller than Google-parent Alphabet Inc. (GOOGL)(GOOGL), but it technically carries a higher weighting in the SPDR S&P 500 ETF (SPY) (SPY), given that Alphabet's weightings are split between its Class A and Class C shares. Tesla is entering the SPY, affectionately known as the "Spiders," with a market capitalization of $658.79 billion, compared with Alphabet's market cap of $1.17 trillion, and enough to make it the sixth-most valuable company in the ETF. But Tesla's weighting in the SPY is fifth at 1.686947, compared with Alphabet's Class A shares weighting of 6th at 1.661148 and the Class C shares weighting of 7th at 1.608403. Alphabet shares' combined weightings would place it fourth. Above Tesla in weightings is Apple Inc. (AAPL) at 6.478904, Microsoft Corp. (MSFT) at 5.289761, Amazon.com Inc. (AMZN) at 4.370437 and Facebook Inc. (FB) at 2.126779.

-Tomi Kilgore; 415-439-6400; AskNewswires@dowjones.com

	

(END) Dow Jones Newswires

December 21, 2020 06:44 ET (11:44 GMT)

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