Nasdaq, Inc. (NASDAQ:NDAQ) continues to experience market shifts, with its shares having been sold off by various institutional investors including Principal Financial Group Inc. Despite this, the stock appears to outperform the Dow, and has gained 23% this year drawing investors to contemplate subsequent steps. In a significant rebalance, Palantir and MicroStrategy joined the Nasdaq-100 index, replacing Moderna and Super Micro. Looking at insider activities, it highlights that insiders sold US$7.8 million worth of shares, indicating possible hesitancy. Nasdaq welcomed 171 IPOs in 2024 while initiating a streamlined dual listing process for U.S. listed companies. Price targets for the company have been raised by financial analysts, and investors who have held onto their stocks in Nasdaq for the past five years have seen a 151% gain. Institutional investors own 70% of the business, signifying high stakes. Nasdaq also released strong Q3 2024 earnings, highlighting significant revenue growth and strategic integrations, triggering positive sentiment around the stock. However, Nasdaq's diversity rules got rejected in court.
Nasdaq NDAQ News Analytics from Tue, 30 Jan 2024 08:00:00 GMT to Sat, 21 Dec 2024 10:29:02 GMT -
Rating -3
- Innovation 6
- Information 4
- Rumor 3
