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. reports developments across its market infrastructure, index, data, listings and financial technology businesses. Company news commonly covers monthly trading volumes, quarterly volume and listings statistics, earnings releases, dividend announcements, and operating trends in divisions such as Financial Technology.
Nasdaq updates also include changes to the Nasdaq-100 Index and other Nasdaq Global Indexes, trading halt and resumption notices from The Nasdaq Stock Market, and corporate governance or capital-structure matters. Its financial technology activities include solutions tied to capital management, financial crime and regulatory compliance software.
Nasdaq (NDAQ) reported a robust performance in the first half of 2022, hosting 108 initial public offerings (IPOs) that raised $12 billion. The exchange achieved an 87% win rate in the U.S. market and maintained leadership for 34 consecutive quarters. Notably, 7 of the top 10 IPOs by proceeds were listed on Nasdaq. Additionally, the company welcomed a strong number of SPACs, raising $8.7 billion. Nasdaq also acquired Metrio to enhance its ESG-focused solutions.
Nasdaq (NDAQ) has partnered with Climate Impact X (CIX) to launch a carbon credits spot exchange in early 2023. This collaboration utilizes Nasdaq's cloud-based SaaS technology to enhance trading functionalities in the voluntary carbon market, increasing price transparency and liquidity for financial institutions and institutional investors. The exchange aims to streamline the trading process by matching buyers and sellers based on unique requirements, thus promoting regulatory compliance and market growth.
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On June 24, 2022, Nasdaq reported a record 3.31 billion shares executed in its Closing Cross, valued at $63.8 billion, during the Russell US Indexes annual reconstitution. This surpasses the previous year's figures of 2.37 billion shares and $80.9 billion. Nasdaq's technology was highlighted as crucial in providing efficient price discovery amidst market volatility. The Russell reconstitution reflects significant market changes, including the first reshuffle of the largest five companies since 2019 and the introduction of two companies with over $2 trillion market cap, emphasizing the importance of Nasdaq's role in maintaining market integrity.
On June 22, 2022, Nasdaq shareholders re-elected all nominated directors for one-year terms during the Annual Meeting. The board includes notable executives such as Adena Friedman and Michael R. Splinter, who was also re-elected as Chairman. Shareholders approved several proposals, including an amendment to increase authorized shares for a proposed 3-for-1 stock split, executive compensation, and the appointment of Ernst & Young LLP as the independent accountant. However, a shareholder proposal for improving special meetings was not approved.
Nasdaq (NDAQ) will announce its Second Quarter 2022 financial results on July 20, 2022, with a conference call scheduled for 8:00 AM Eastern. The call will feature Nasdaq's CEO and CFO, alongside other senior management members, who will review the financial outcomes and answer questions from the investment community. The press release detailing the results will be available on the Nasdaq Investor Relations website on the same day at approximately 7:00 AM Eastern.
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On June 2, 2022, Nasdaq (NDAQ) disclosed its monthly trading volumes for May 2022 on its investor relations platform. The detailed data sheet, featuring monthly and quarterly volume statistics, is accessible on their official website. Nasdaq continues to provide advanced data analytics and solutions to optimize capital market operations. The report reinforces Nasdaq's focus on delivering accurate and relevant information to stakeholders while maintaining a commitment to transparency in financial reporting.
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On May 25, 2022, Nasdaq (NDAQ) announced its upcoming presentations at various conferences in June. The notable events include the Deutsche Bank Global Financial Services Conference on June 1 at 10:00 AM ET, featuring CFO Ann Dennison, and the Bernstein Strategic Decisions Conference on June 2 at 4:30 PM ET, led by CEO Adena Friedman. Other significant appearances include the Piper Sandler Global Exchange & FinTech Conference on June 9 and the Morgan Stanley U.S. Financials, Payments & CRE Conference on June 13, both featuring CFO Ann Dennison.