Nasdaq, Inc. (NASDAQ:NDAQ) has gained interest from multiple investors and asset management groups, evident by increased or new stake acquisitions from Allstate Corp, Groupama Asset Management, HighPoint Advisor Group, among others. Wall Street shows a bullish outlook for Nasdaq, with the target price being raised to $105 from $103 at BofA and favorable Q3 earnings within expectations. Nomura Asset Management and Korean Investment CORP also reflect substantial holdings in Nasdaq. Corporate movement is apparent with Nasdaq announcing to establish a new Texas HQ, which is projected to generate over $750 million in Southeast revenues. Indices updates include the addition of Palantir, MicroStrategy, and Axon to the Nasdaq-100 Index. Regulatory aspects were addressed by Nasdaq's partnership with AuRep to enhance regulatory reporting in Austrian financial services through cloud technology. The overall financial performance of Nasdaq, showcased a strong return of 130% - 151% over the last five years. Notably, Nasdaq's plan for 24-hour trading and the appointment of Brandis DeSimone as the Head of East Coast Listings highlight strategic additions. However, insider trading activity was also reported, with Executives selling a considerable amount of stock.
Nasdaq NDAQ News Analytics from Thu, 25 Jul 2024 07:00:00 GMT to Sat, 05 Apr 2025 23:52:16 GMT -
Rating 7
- Innovation 2
- Information 8
- Rumor -7
