Wirecard flies out of the DAX – Delivery Hero rises

Photo: Frankfurt Stock Exchange (via dts news agency)
Photo: Frankfurt Stock Exchange (via dts news agency)

Frankfurt / Main (dts news agency) – The delivery service Delivery Hero moves up to the DAX and replaces the insolvent Wirecard there. Deutsche Börse announced this in the evening. The change will take effect on August 24th, the exchange had specially changed its rules and regulations.
Changes also occur in other indices on the same day. Wirecard is also out of the TecDAX, successor there is LPKF Laser & Electronics AG. Aixtron moves up in the MDAX, and the Hornbach hardware store chain is new to the SDAX. Delivery Hero, a newcomer to the DAX, was founded in 2011 and only went public in June 2017.

In addition to groceries, the delivery service now also offers various household goods.