In an elaborative analysis of Nasdaq Inc (NDAQ), various factors have been brought to light. Amid performance comparison and shifts in shares ownership, Nasdaq showed an underperformance against competitors on a particular Thursday. Meanwhile, abrdn plc amplified its stake, buying an additional 32,370 shares while Oak Harvest Investment Services reduced its stake within the same period. Amid these buying and selling activities, institutions owning roughly 70% of Nasdaq, convey high stakes on the business's activities.
In reporting, Nasdaq outdid Q3 earnings estimates and clinched an all-time high driven by industry giants GOOGL, NVDA, and TSLA. Despite sweeping wins, Nasdaq saw a slip in revenues, defying expectations. Furthemore, the company enhanced its cross-collaboration with IDX on technology. In terms of strategic financial moves, Nasdaq's top shareholder, Thoma Bravo is expected to make a whopping $2.74 billion from selling Nasdaq stakes.
Nasdaq NDAQ News Analytics from Tue, 30 Jan 2024 08:00:00 GMT to Sat, 02 Nov 2024 08:15:43 GMT - Rating 7 - Innovation 8 - Information 9 - Rumor -3
