Nasdaq Inc Stock Price, News & Analysis

The Nasdaq Stock Market announced the delisting of common stocks for both China XD Plastics Company Limited and Advaxis, Inc. The common stock of China XD Plastics was suspended on October 29, 2021, while Advaxis's suspension occurred on December 23, 2021. Nasdaq will file a Form 25 with the SEC to formalize these delistings, which will take effect ten days after the filing. Investors are advised to review public filings for further details regarding the companies' trading statuses.

Exelon Corp. has completed the spin-off of Constellation Energy Corp., effective February 2, 2022. Following the separation, Constellation Energy became a member of the NASDAQ-100 Index®, NASDAQ-100 Equal Weighted Index, and NASDAQ-100 Ex-Technology Index. Nasdaq has confirmed that Constellation Energy will continue as a component of these indices. This move marks a significant shift for Exelon as it refocuses its business strategy post-separation.

On February 2, 2022, Nasdaq reported its monthly trading volumes for January 2022. Key data, including monthly volumes and quarterly capture rates, is accessible on the investor relations website. Nasdaq, known for its technology services in capital markets, presents forward-looking statements indicating potential risks and uncertainties, such as market conditions and regulatory challenges. Investors are advised to consider these factors, as actual results may differ from projections.

Nasdaq, Inc. (NDAQ) has reported a substantial growth in 529 plan share classes, adding over 550 new classes to the Nasdaq Fund Network in 2021, marking a 68% year-over-year increase. This is the largest increase recorded to date. The Nasdaq Fund Network now features over 1,300 share classes and provides searchable ticker symbols and daily pricing, enhancing transparency for investors. Additionally, Nasdaq is partnering with ISS Market Intelligence to produce a quarterly 529 Scorecard aimed at improving awareness and understanding of 529 plans among advisors and clients.

Nasdaq, Inc. (NDAQ) announced an accelerated stock repurchase (ASR) agreement with Goldman Sachs to repurchase $325 million of its common stock. This initiative is part of Nasdaq's broader share repurchase program, which had $784 million remaining as of January 25, 2022. Nasdaq's CFO highlighted the ASR as a sign of the company's strong balance sheet and commitment to returning capital to shareholders, following a substantial $1.3 billion returned to investors in 2021 through repurchases and dividends.

The Board of Directors of Nasdaq has declared a regular quarterly dividend of $0.54 per share on its common stock.

This dividend is payable on March 25, 2022, to shareholders of record by the close of business on March 11, 2022. Future dividends are subject to Board approval.

Nasdaq reported strong financial results for Q4 and full year 2021, with net revenues increasing 18% to $3,420 million. The Solutions segments rose 21%, while Market Services saw a 13% increase. Q4 net revenues reached $885 million, marking a 12% year-over-year growth. GAAP diluted EPS increased 26% in 2021 to $7.05. The company returned $1,293 million to shareholders, and ARR grew by 19%. Nasdaq is now focusing on expanding its cloud services in partnership with AWS, providing a strong outlook for continued growth in 2022.