Welcome to our dedicated page for Nasdaq news (Ticker: NDAQ), a resource for investors and traders seeking the latest updates and insights on Nasdaq stock.
Nasdaq, Inc. (symbol: NDAQ) is a global technology company and a leading provider of capital market services, established in 1971. Initially known for its equity exchange, Nasdaq has evolved into a diversified technology provider that delivers solutions across multiple segments, including market services, information services, and corporate services.
Market Services: This segment represents approximately 35% of Nasdaq's revenue and includes trading, clearing, and market technology services. Nasdaq operates one of the world's largest electronic stock exchanges, facilitating efficient and reliable trading.
Information Services: Contributing about 30% of the company's sales, this segment offers market data, analytics, and Nasdaq-branded indexes to asset managers and investors, providing essential tools for informed decision-making.
Corporate Services: Accounting for 20% of revenue, Nasdaq's corporate services include listing services and investor relations products that support publicly traded companies in meeting their regulatory requirements and enhancing investor engagement.
Market Technology: Representing 15% of the firm's revenue, this segment delivers technology solutions that enable the operation of other exchanges around the world, as well as financial compliance services.
Recent Achievements: Nasdaq continues to be at the forefront of technological advancements, incorporating AI capabilities to support capital markets, thereby enhancing liquidity, transparency, and integrity in the financial ecosystem. The company is also involved in strategic partnerships, such as its recent collaboration with FIA Tech to improve data sharing and reduce systemic inefficiency in the global post-trade network.
With a strong commitment to innovation, Nasdaq has successfully transitioned from a U.S.-based equities exchange to a global leader in technology and information services. The company's diverse product offerings and client-centric approach enable businesses to optimize their operations and achieve their business goals with confidence.
Financial Overview: Nasdaq's financial performance has been robust, with consistent revenue growth driven by its diversified business model. The company's strategic investments and focus on scalability and efficiency have positioned it well for sustained growth and profitability.
For the latest updates, financial results, and developments, visit the Nasdaq Investor Relations website at http://ir.nasdaq.com.
On February 1, 2021, Nasdaq announced the delisting of common stocks from five companies: Superconductor Technologies, Gulfport Energy, Apex Global Brands, Pareteum Corporation, and Youngevity International. All these stocks had been suspended prior to the announcement, with suspension dates ranging from September 30, 2020, to November 20, 2020. Nasdaq will file a Form 25 with the SEC to formalize the delistings, which will become effective ten days after the filing. For more details on the delistings, refer to the companies' public filings or Nasdaq's rules on delisting.
The Board of Directors of Nasdaq has declared a quarterly dividend of $0.49 per share on the company's outstanding common stock. This dividend is payable on March 26, 2021, to shareholders of record on March 12, 2021. Future dividend declarations and payment dates are subject to approval by the Board. Additionally, Nasdaq cautions that forward-looking statements regarding future performance may involve risks and uncertainties, including changes in economic conditions and business models.
Nasdaq, Inc. (NDAQ) reported a strong performance for 2020, with net revenues of $2,903 million, up 15% year-over-year. Fourth quarter revenues reached $788 million, marking a 22% increase compared to Q4 2019. Both GAAP diluted EPS and non-GAAP diluted EPS rose by 21% and 24%, respectively. The company announced its acquisition of Verafin, enhancing its anti-financial crime operations. Nasdaq also generated over $1 billion in free cash flow.
2021 non-GAAP operating expense guidance is set between $1,550 to $1,620 million, reflecting growth factors.
Nasdaq (NDAQ) has appointed Jeremy Skule as Executive Vice President and Chief Strategy Officer. In this expanded role, he will head the Global Strategy Organization, focusing on strategic planning, mergers and acquisitions, and innovations in data and technology. Skule, who joined Nasdaq in 2012, previously led global rebranding initiatives and significant strategic pivots. CEO Adena Friedman praised Skule's impact on the company's progress, while Skule expressed excitement about upcoming opportunities as Nasdaq enhances its strategy in the technology and listings sectors.
The Nasdaq Stock Market (Nasdaq: NDAQ) announced the resumption of trading for Generations Bancorp NY, Inc. (Nasdaq: GBNY) as of January 15, 2021, at 8:15 a.m. ET. Trading was previously halted on January 14, 2021, at 5:10:16 p.m. ET. For further inquiries about Generations Bancorp, contact the company directly or refer to its symbol on the Nasdaq website.
The Nasdaq Stock Market (Nasdaq: NDAQ) announced a trading halt for Generations Bancorp NY, Inc. (Nasdaq: GBNY) at 17:10:16 ET on January 14, 2021. The halt was due to a request for 'additional information' from the company, following a last sale price of $10.01. Trading will remain suspended until Generations Bancorp fully complies with Nasdaq's information request.
On January 13, 2021, Nasdaq's Political Action Committee announced a suspension of political donations for several months following the January 6 attack on the U.S. Capitol. The PAC will cease contributions to officials who objected to the Electoral College certification. Nasdaq emphasizes its commitment to fostering an inclusive future and addressing the nation's challenges.
In 2020, Nasdaq's European Markets achieved significant growth with 79 listings, including 45 IPOs that raised EUR 2.9 billion, a notable increase from 34 IPOs in 2019. The secondary market also thrived, raising EUR 12.1 billion. The successful transition to virtual IPOs and the attraction of companies across Europe reinforced Nasdaq's position as the leading market for small and mid-cap companies. A highlight was AstraZeneca's move from NYSE to Nasdaq, aimed at benefiting from index inclusion and cost efficiencies.