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.
Nasdaq has announced the end-of-month open short interest positions in Nasdaq stocks as of the settlement date, June 28, 2024. The total short interest in 3,052 Nasdaq Global Market securities reached 12,156,830,526 shares, a decrease from 12,415,199,809 shares in 3,063 issues as of June 14, 2024. This represents 3.37 days of average daily volume, down from 3.44 days in the previous period.
For the Nasdaq Capital Market, short interest in 1,685 securities totaled 2,040,351,094 shares on June 28, 2024, slightly down from 2,046,668,652 shares in 1,687 securities from the previous period, maintaining a 1.00-day average daily volume. Overall, short interest in 4,737 Nasdaq securities was 14,197,181,620 shares at the end of June, compared to 14,461,868,461 shares in 4,750 issues at the previous settlement date, averaging 2.51 days of daily volume, a decrease from 2.56 days.
Short sales typically involve selling a security the seller does not own. More details on Nasdaq short interest positions are available on Nasdaq's official websites.
Nasdaq (NDAQ) released its June 2024 monthly volumes and 2Q24 statistics, revealing key financial metrics and performance indicators. The report includes data on trading volumes, estimated revenue capture, and the number of listings for the quarter ending June 30, 2024. Detailed statistics can be accessed on their investor relations website.
Nasdaq (NDAQ) announced it welcomed 66 IPOs in the first half of 2024, raising $8.7 billion. This included 53 operating companies and 13 SPACs, reflecting a 71% win rate of Nasdaq-eligible IPOs in the U.S. market. In addition, 7 companies transferred their listings to Nasdaq, including Science Applications International Corp (SAIC) with a market cap of $7.4 billion. Notable listings included Waystar (largest U.S. company IPO), Kaspi.kz (first Kazakhstan IPO in the U.S.), and Astera Labs (largest semiconductor IPO). Nasdaq continued to lead in healthcare, technology, and biotech sectors, with 100% of eligible biotech companies listing on Nasdaq. Around 30 international companies also chose Nasdaq, contributing to nearly 50% of total IPOs. In the SPAC market, Nasdaq hosted 81% of eligible SPAC IPOs, raising $1.8 billion, and completing 35 SPAC business combinations. The IPO Pulse Index indicates continued momentum for listings in the coming months.
Nasdaq (NDAQ) announced the election of all nominated directors to the boards of its U.S. exchanges, including The Nasdaq Stock Market , Nasdaq PHLX , Nasdaq BX, Inc., Nasdaq ISE, , Nasdaq MRX, , and Nasdaq GEMX, Newly elected directors include Kathlyn Card Beckles, Michael J. Curran, Anne Marie Darling, David J. Frear, Kevin Kennedy, Thomas A. Kloet, Anita Lynch, David Rosato, Andrew J. Schultz, and Elizabeth Wideman. This new board composition brings a diverse range of experience and expertise.
On June 28, 2024, Nasdaq announced a new record for the notional value of shares traded during the Nasdaq Closing Cross, reaching $95.257 billion in 0.878 seconds, surpassing the previous record of $80.898 billion set in 2021.
This milestone coincides with the 40th anniversary of the Russell 3000® Index and marks 21 years of the Closing Cross's role in the Russell US Indexes reconstitution. The event highlights Nasdaq's ability to deliver rapid, transparent price facilitation and support evolving market demands.
Approximately $10.5 trillion in assets are benchmarked to Russell US Indexes, making reconstitution day a significant event for asset managers. Nasdaq's innovative, scalable technology has adapted to a 950% increase in dollar volume over two decades, ensuring seamless operations in the face of growing global trading volumes.
Nasdaq (NDAQ) has changed the trading halt status of Canna-Global Acquisition Corp (CNGL, CNGLU, CNGLW) to 'additional information requested.' Trading was initially halted on June 27, 2024, at 16:45:36 Eastern Time for 'news dissemination.' The last sale prices were $10.45 (CNGL), $10.99 (CNGLU), and $0.0105 (CNGLW). Trading will remain halted until Canna-Global provides the requested information. For more details, visit Nasdaq's website or use InfoQuotesSM under the company's symbol.
Nasdaq released its mid-month short interest report for June 14, 2024. Short interest in 3,063 Nasdaq Global Market securities reached 12.42 billion shares, up from 11.83 billion shares in 3,059 issues on May 31, 2024. The average daily volume was 3.44 days, slightly down from 3.54 days previously.
On the Nasdaq Capital Market, short interest in 1,687 securities amounted to 2.05 billion shares, a slight decrease from 2.05 billion shares in 1,695 securities reported earlier. The average daily volume remained at 1.00 day for both periods.
Total short interest in all 4,750 Nasdaq securities stood at 14.46 billion shares compared to 13.89 billion shares in 4,754 issues from the prior period. The average daily volume was 2.56 days, up from 1.73 days. This data summarizes the total number of shares sold short across all broker/dealers irrespective of exchange affiliations.
For detailed information, visit Nasdaq's short interest pages.
The Nasdaq Stock Market announced on June 26, 2024, the delisting of securities from several companies: PHP Ventures Acquisition Corp., Green Giant Inc., RMG Acquisition Corp. III, Biophytis SA, OMNIQ Corp., AIB Acquisition , Goal Acquisitions Corp., Applied UV, Cue Health Inc., Twelve Seas Investment Company II, CalAmp Corp., and ThermoGenesis Holdings. These companies had their securities suspended from trading on various dates between April and June 2024, and they have not traded since their respective suspension dates. For more details on the delisting rules, visit the Nasdaq website.
Nasdaq (NDAQ) announced the termination of its agreement with the European Energy Exchange (EEX). The agreement, initially disclosed on June 20, 2023, involved EEX acquiring Nasdaq's Nordic power trading and clearing business. Nasdaq will continue to operate this segment, ensuring high service standards for its clients.
Nasdaq (NDAQ) has announced the schedule for its Second Quarter 2024 financial results. The results will be reviewed by Nasdaq's CEO, CFO, and senior management team on Thursday, July 25, 2024.
The review will begin with a conference call at 8:00 AM Eastern, preceded by the release of the press statement at 7:00 AM Eastern, available on the Nasdaq Investor Relations website. The senior management team will address the investment community's questions post the prepared remarks. The webcast of the event can be accessed via the same website.