Nasdaq Inc Stock Price, News & Analysis

On April 23, 2021, Nasdaq announced the delisting of common stocks for Interpace Biosciences, Francesca’s Holdings Corporation, and Wins Finance Holdings Inc. Interpace's stock was suspended on February 25, 2021, Francesca's on December 15, 2020, and Wins Finance's on October 21, 2020, with no trading occurring since those dates. Nasdaq will file a Form 25 with the SEC to formalize these delistings, which will take effect ten days after the filing. For further details about these companies, refer to their public filings.

Nasdaq has introduced Nasdaq-100® Micro Index Options, enabling Main Street investors to access the Nasdaq-100 index more easily and cost-effectively. These options, now available on the Nasdaq PHLX exchange, represent 1/100th of the full index value, allowing for lower entry costs and risk mitigation. The Nasdaq-100, a prominent large-cap growth index, saw over 40% growth last year, with total financial products based on it exceeding $1 trillion. Monthly expirations are currently available, with weekly options launching soon.

The Board of Directors of Nasdaq has declared a quarterly dividend of $0.54 per share on its common stock. This dividend is payable on June 25, 2021, to shareholders of record by June 11, 2021. Future dividend declarations and payment dates depend on the Board's approval. Nasdaq continues to offer diverse technology solutions aimed at optimizing capital market operations.

Nasdaq, Inc. reported first quarter 2021 net revenues of $851 million, a 21% increase year-over-year. Solutions segments grew by 22% while Market Services saw a 20% rise. GAAP diluted EPS was $1.78, up 46%, and non-GAAP diluted EPS was $1.96, an increase of 31%. The company completed the acquisition of Verafin, boosting its anti-financial crime solutions. Nasdaq's cash returned to investors totaled $243 million, including $162 million in share repurchases. Despite increased operating expenses, Nasdaq's strategic focus remains on technology and analytics, marked by the agreement to divest its U.S. Fixed Income business.

On April 8, 2021, Nasdaq (NDAQ) disclosed its monthly and quarterly trading volumes for March 2021, showcasing increased activity in capital markets. The data highlights estimated revenue capture and the number of listings, reflecting the company's robust position in the financial landscape. Nasdaq emphasized its commitment to providing clients with superior technology solutions to optimize business outcomes. The press release also noted potential future uncertainties, including market fluctuations and the ongoing impact of the COVID-19 pandemic, which could affect performance.

Nasdaq (NDAQ) will announce its First Quarter 2021 financial results on April 21, 2021, at 8:00 AM Eastern. The announcement will be made by senior management, including the CEO and CFO. Investors can access the conference call via a webcast on the Nasdaq Investor Relations website. An audio replay will be available post-call. The press release detailing the financial results will be posted on the Investor Relations website at approximately 7:00 AM Eastern on the same day.

PureStream Trading Technologies has partnered with Nasdaq (NDAQ) to launch a new alternative trading system (ATS), aimed at enhancing liquidity for brokers and institutional clients. The PureStream ATS will utilize Nasdaq's Execution Platform, focusing on speed and efficiency in order completion. Scheduled for a Q2 2021 launch, pending regulatory approvals, this system aims to redefine price discovery and reduce operational costs. Nasdaq's technology will manage trade reporting and risk controls, allowing PureStream to adapt and expand its trading functionalities.