Nasdaq, Inc. - NDAQ STOCK NEWS

Nasdaq (NDAQ) has released its monthly trading volumes for July 2024. The company, which operates one of the world's largest stock exchanges, has made this data available on its Investor Relations website. Interested parties can access a detailed data sheet containing the volume statistics at http://ir.nasdaq.com/financials/volume-statistics.

This regular reporting of trading volumes is important for investors and analysts to assess the exchange's performance and market activity. The data typically includes information on equity derivatives, cash equities, fixed income, and commodities trading volumes, providing insights into market trends and Nasdaq's operational efficiency.

Bitvavo, Europe's largest cryptocurrency Euro spot exchange, has partnered with Nasdaq (NDAQ) to implement Nasdaq's Market Surveillance technology. This move aims to enhance trust, transparency, and integrity on Bitvavo's platform, which serves over 1.5 million users and offers trading for more than 300 digital assets. The collaboration will enable Bitvavo to:

• Improve detection of market abuse
• Gain detailed trading insights
• Replay order books with consolidated audit trails
• Optimize case workflow
• Produce granular reports for regulators

This partnership also supports early compliance with the EU's upcoming Markets in Crypto Assets Regulation (MiCA), which aims to regulate digital assets and enhance market integrity. Nasdaq's technology, used by over 45 exchanges and 15 international regulators, will help Bitvavo meet strict regulatory requirements and improve investor protection.

Nasdaq (NDAQ) has announced the pricing of a secondary public offering by Argus Seller, LP, an affiliate of Thoma Bravo-managed funds. 41,604,207 shares of Nasdaq's common stock will be offered at $65.30 per share. The offering is expected to close on July 30, 2024. Nasdaq will not receive any proceeds from this sale.

Additionally, Nasdaq has agreed to repurchase 1,200,000 shares from the Selling Stockholder as part of its existing share repurchase program. After the offering and repurchase, the Selling Stockholder will hold 42,804,207 shares, representing about 7.4% of Nasdaq's outstanding shares, subject to a lock-up until May 1, 2025. Goldman Sachs & Co. is the sole book-running manager for the offering.

Nasdaq (NDAQ) has announced a secondary public offering of 41,604,207 shares of its common stock, currently held by Argus Seller, LP, an affiliate of Thoma Bravo-managed funds. Nasdaq itself is not selling any shares and will not receive proceeds from this offering. Additionally, Nasdaq has agreed to a Concurrent Share Repurchase of 1,200,000 shares from the Selling Stockholder, capped at $120 million, as part of its existing share repurchase program to offset employee dilution.

After the offering and repurchase, the Selling Stockholder is expected to hold 42,804,207 shares, about 7.4% of Nasdaq's outstanding shares, subject to a lock-up until May 1, 2025. Goldman Sachs & Co. is the sole book-running manager for the offering. Nasdaq has filed a registration statement with the SEC for this offering.

Nasdaq, Inc. (NDAQ) has announced a quarterly dividend of $0.24 per share on its outstanding common stock. The dividend will be paid on September 27, 2024 to shareholders of record as of the close of business on September 13, 2024. This decision was made by Nasdaq's Board of Directors, who are responsible for approving future quarterly dividend declarations and establishing record and payment dates.

Nasdaq (NDAQ) reported strong Q2 2024 results with net revenues of $1.2 billion, up 25% year-over-year. Solutions revenues increased 34%, while Annualized Recurring Revenue (ARR) grew 29% to $2.7 billion. Financial Technology revenues rose 79% to $420 million, and Index revenues increased 29%. Despite GAAP diluted EPS decreasing 30%, non-GAAP diluted EPS increased 7% organically. The company returned $196 million to shareholders through dividends and share repurchases. Nasdaq's performance was driven by broad-based growth across all divisions, with double-digit Solutions growth and strong momentum in Financial Technology. The company is making progress on integration targets, AI-driven innovation, and cross-selling through its One Nasdaq strategy.

Nasdaq has released its mid-month open short interest positions for Nasdaq stocks as of July 15, 2024. Key highlights include:

- Short interest in 3,044 Nasdaq Global Market securities totaled 12,309,469,231 shares, up from 12,156,830,526 shares in 3,052 issues on June 28, 2024.

- The mid-July short interest represents 2.95 days of average daily volume, down from 3.37 days in the prior period.

- For the Nasdaq Capital Market, short interest in 1,687 securities totaled 2,046,452,681 shares, slightly up from 2,040,351,094 shares in 1,685 securities previously.

- Overall, short interest across all 4,731 Nasdaq securities totaled 14,355,921,912 shares, representing 2.56 days of average daily volume.

The Nasdaq Stock Market (NDAQ) has announced the delisting of securities from multiple companies. These include CONX Corp., Priveterra Acquisition Corp. II, Yield10 Bioscience, Aesthetic Medical International Holdings Group, Breeze Holdings Acquisition Corp., Quadro Acquisition One Corp., DermTech, TRACON Pharmaceuticals, eFFECTOR Therapeutics, Dynatronics , and Canna-Global Acquisition Corp. The delistings affect various securities such as common stocks, units, warrants, American Depositary Shares, rights, and ordinary shares.

All affected securities were suspended from trading on Nasdaq between May 6 and July 9, 2024, and have not traded since their respective suspension dates. This action is part of Nasdaq's ongoing efforts to maintain market integrity and enforce listing standards.

Nasdaq (NDAQ) has announced that Super Micro Computer Inc. (SMCI) will join the Nasdaq-100 Index® and the Nasdaq-100 Equal Weighted™ Index starting July 22, 2024. This inclusion means that Super Micro Computer Inc. will replace Walgreens Boots Alliance Inc. (WBA) in these indices. Additionally, Walgreens will be removed from the Nasdaq-100 Ex-Tech Sector™ Index, the Nasdaq-100 ESG™ Index, and the Nasdaq-100 Sustainable ESG Select™ Index on the same date. Super Micro Computer Inc. will also be considered for inclusion in various Nasdaq-100 technology sector indices during the next quarterly rebalancing.