Various factors have unfolded on the Nasdaq (NDAQ) scene, from the termination of an agreement with EEX, to an upgrade in its RS Rating and the unveiling of the Nasdaq's Q4 2023 Earnings expectations. Surprisingly, its major shareholder plans to sell 27M shares prompting a slump in after-hours trading. However, Nasdaq still manages to exceed Q2 Earnings & Revenue Estimates. It's heralding a progressive shift from trading to build the next fintech. Although it experienced a stock drop after the announcement of Secondary Offering, overall financial performance remains solid amid economic headwinds. Meanwhile, collaborations with IDX and the Indonesian Stock Exchange strengthen Nasdaq's technological partnership and infrastructure. Substantial shares were also purchased by investment firms like Vanguard Group Inc. and Nomura Holdings Inc. Despite facing a $9.6M fine by Sweden's financial regulator, Nasdaq's Q4 Earnings & Revenues surpassed estimates leading to a rise year/year. Despite tech issues disrupting trades, Nasdaq managed to resolve those successfully.
In terms of dividend, Nasdaq is paying out larger dividends than previous years, however, other stocks like MKTX have outperformed NDAQ's YTD return.
Nasdaq NDAQ News Analytics from Wed, 09 Aug 2023 23:21:29 GMT to Sun, 30 Jun 2024 18:37:30 GMT - Rating 2 - Innovation 5 - Information 7 - Rumor -5
