Nasdaq, Inc. (NDAQ) has been generating substantial interest, especially because of its upcoming dividend. Trades of BAIYU Holdings were temporarily halted, and its stock's rapid growth led to discussions about trading the Nasdaq stock after a 23% gain. Cullen Frost Bankers Inc. lessened its position in Nasdaq, and new leadership and structure were implemented for its Financial Crime Management Technology. A high year-to-year return on investments, a huge charge resulting from an accounting change related to the Adenza deal, and rumors of a double buy upgrade pushed the stock even further. BofA Securities has defined Nasdaq as one of its highest conviction stocks due to solid solutions revenues. Institutional shareholders control 54% of the company. Nasdaq's financial performance in Q2 outstripped forecasts, propelled by a surge in FinTech sales that drove up share prices. Nasdaq's revenue soared, beating expectations on strong demand for fintech products. National Bank of Canada FI bought a considerable amount of shares, helping to augment its strong financial performance despite economic headwinds. After significant share buybacks, Nasdaq announced the launch of a secondary offering of its common stocks. Lastly, Nasdaq seems to be heading towards offering Bitcoin options.
Nasdaq NDAQ News Analytics from Tue, 17 Oct 2023 07:00:00 GMT to Sun, 08 Sep 2024 13:07:17 GMT -
Rating 8
- Innovation 6
- Information 8
- Rumor -5
