Nasdaq (NDAQ) continues to make bullish progress as it tops Q3 Earnings Estimates and sees revenue growth in Q3 2024. Municipal investment decisions like Ridgewood Investment LLC decreasing their stake and Institutional investors, such as Nordea Investment Management AB, acquiring a large number of shares indicate a constant trade-off amongst shareholders. Many analysts including Raymond James and Deutsche Bank increased Nasdaq's stock rating to 'buy', while Citigroup predicts a rise in Nasdaq's stock price. JPMorgan Chase sold its shares in Nasdaq. Nasdaq's stock has been upgraded to 'buy' by multiple sources, which implies potential future growth. Predictions for significant returns for their investors have been made, with shareholders reportedly earning between 18% to 19% CAGR over the past five years. Slipping below the 50-Day SMA, Nasdaq remains a good investment option due to steady revenue growth and strategic integrations. Nasdaq reports a promising average daily volume, although short interest shares report a slight decline. However, the company's end-of-month open short interest positions were announced recently. The technology company's focus on financial services has allowed them to be seen as a Fintech powerhouse.
Nasdaq NDAQ News Analytics from Tue, 30 Jan 2024 08:00:00 GMT to Fri, 10 Jan 2025 21:06:33 GMT -
Rating 8
- Innovation 7
- Information 9
- Rumor 2
