Nasdaq, Inc. (NASDAQ:NDAQ) has experienced a mix of financial performance and strategic changes. The company has been benefiting from robust demand for fintech products, and has seen Q2 earnings beat expectations primarily due to solid solutions revenue. However, the company's profit took a hit due to economic instability. A strategic partnership was fortified with IDX to improve technology, while a new post trade infrastructure is in the works in collaboration with FIA Tech. A secondary offering of Nasdaq shares has been announced, although details remain sparse. Significant stake sales have occurred with Swedbank AB and Borse Dubai. There's interest in stricter delisting rules for penny stocks. Investors should note Nasdaq's shares are largely held by institutional shareholders. An increase in dividends compared to last year was revealed. CEO Adena Friedman anticipates an IPO resurgence by 2025.
Nasdaq NDAQ News Analytics from Tue, 17 Oct 2023 07:00:00 GMT to Sun, 18 Aug 2024 10:39:26 GMT -
Rating 0
- Innovation 3
- Information 7
- Rumor 5
