Intech Investment Management has offloaded 8,115 of its shares in Nasdaq Inc., whilst Super Micro Computer manages to avoid delisting by Nasdaq, leading to a 30% rise in its shares. Thompson Siegel & Walmsley LLC and Legacy Bridge LLC invested in Nasdaq, acquiring 37,000 and initiating new investments respectively. Nasdaq’s technology partnership with IDX is progressing, and financial results from Q3 outpaced estimates. Major changes in shareholdings were seen across a number of institutions. BNP PARIBAS, Commerce Bank and Massachusetts Financial Services reduced stakes, while others such as LGT Capital Partners, Pathstone Holdings and Thrivent Financial increased theirs. Nasdaq's ratings are unshaken, maintaining an ‘Outperform’ rating from the Royal Bank of Canada and AppLovin's leap into the Nasdaq-100 Index represents a major index shakeup. Super Micro Computer faces potential delisting due to late financial report. In Q4 2023, market expectation remains high for Nasdaq’s earnings. Lastly, insiders at Nasdaq sold US$5.8m of stock, potentially indicating weaknesses.
Nasdaq NDAQ News Analytics from Tue, 30 Jan 2024 08:00:00 GMT to Sat, 23 Nov 2024 14:02:50 GMT - Rating 3 - Innovation 6 - Information 8 - Rumor -1
