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.
The Nasdaq, Inc. (Nasdaq: NDAQ) news page on Stock Titan aggregates official announcements, market updates, and regulatory disclosures from a global technology company that operates The Nasdaq Stock Market and related capital markets businesses. Nasdaq’s communications highlight its role in serving corporate clients, investment managers, banks, brokers, and exchange operators through data, analytics, software, exchange capabilities, and index solutions.
Visitors can review news on listings and index changes, such as annual reconstitutions of the Nasdaq-100 Index and constituent updates involving companies being added or removed. Nasdaq also issues releases about capital formation activity, including the amount of capital raised from new listings and notable exchange transfers, as well as updates from Nasdaq Global Indexes on methodology and index families across asset classes and geographies.
The feed also features corporate finance and balance sheet actions, including announcements about cash tender offers for outstanding senior notes, early tender results, and pricing details. In addition, Nasdaq publishes information about investor events, such as scheduled quarterly and full-year earnings announcements, investor conference calls, and the availability of volume statistics and presentation materials.
Because Nasdaq operates The Nasdaq Stock Market, its news includes market operations and regulatory notices like trading halts, delisting decisions, and references to listing and delisting rules. Technology and data partnerships, such as the integration of Nasdaq eVestment into third-party platforms, also appear in the company’s releases. This page helps readers follow how Nasdaq’s exchange, index, data, and technology activities evolve over time through its own public disclosures.
Nasdaq (NDAQ) announced its monthly trading volumes for October 2020 on its investor relations site. The report includes comprehensive data regarding monthly volumes and quarterly capture rates, which are crucial for assessing market activity. Investors can access detailed information through the provided link. Nasdaq continues to provide a range of data and analytics aimed at enhancing business decision-making. The company also emphasizes that forward-looking statements made in the report involve various risks and uncertainties, including potential impacts from the COVID-19 pandemic.
Summary not available.
The Nasdaq Stock Market announced the delisting of several companies due to prolonged trading suspensions. Town Sports International's common stock was suspended on September 24, 2020, and will be delisted along with Lonestar Resources and Oasis Petroleum, both suspended on October 12, 2020. Atlas Financial Holdings and Zion Oil also face delisting after their shares were suspended on September 2, 2020. Nasdaq will file a Form 25 with the SEC to formalize these delistings, effective ten days post-filing. For further details, companies' public filings are recommended.
Nasdaq (NDAQ) announced that Michael Ptasznik will retire as Chief Financial Officer (CFO) effective February 28, 2021, with Ann Dennison succeeding him on March 1, 2021. Ptasznik's tenure included leading strategic business reviews, executing $1.1 billion in acquisitions, and managing $3.5 billion in debt refinancing. Dennison, who has over 20 years of experience, previously held the role of Senior Vice President, Controller, and Chief Accounting Officer. Her appointment is seen as a continuation of Nasdaq’s growth strategy as a leading technology company.
The Board of Directors of Nasdaq has declared a quarterly dividend of $0.49 per share on its common stock. This dividend is payable on December 18, 2020, to shareholders of record as of the close of business on December 4, 2020. Future dividends will be determined by the Board of Directors. Caution is advised regarding forward-looking statements, which involve risks and uncertainties affecting performance.
Nasdaq reported third quarter 2020 net revenues of $715 million, a 13% increase from the previous year, driven by organic growth in both trading and non-trading segments. GAAP diluted EPS rose 76% to $1.58. Operating margins improved, with GAAP margins at 46%. The company returned $115 million to shareholders this quarter. Nasdaq announced an Investor Day on November 10, 2020 to discuss its strategy. Major highlights included a record 660 million U.S. options contracts traded and significant growth in Assets Under Management (AUM), which increased by 51% year-over-year.
Nasdaq has partnered with eToro to provide real-time market data to its 15 million registered users, enhancing access to U.S. equity markets. This collaboration allows eToro clients to utilize Nasdaq Basic, which offers comprehensive information on U.S. exchange-listed stocks through a unified platform. This initiative aims to lower entry barriers for investors, ensuring transparency and significant cost savings. Nasdaq Basic is integrated into various data services, facilitating global access to vital market data.
On October 15, 2020, Dealpath received a strategic investment from Nasdaq's investment arm, Nasdaq Ventures, aimed at enhancing its cloud-based real estate deal management platform. This partnership is set to improve real estate investment workflows, further supporting Dealpath's mission to create a digital marketplace for real estate. Notable clients such as Blackstone and UBS Realty use Dealpath's platform, which has shown impressive metrics including an average ROI of 475%. This investment marks Nasdaq's commitment to driving innovation in the real estate sector.
Invesco Ltd. launched the Invesco QQQ Innovation Suite, providing investors access to the NASDAQ-100 Index and NASDAQ Next Generation 100 Index through various investment options. This suite aims to democratize investing and cater to diverse investor needs, offering tailored strategies to align with different time horizons and risk preferences. The suite includes four new offerings: Invesco NASDAQ 100 ETF (QQQM), Invesco NASDAQ 100 Index Fund (IVNQX), Invesco NASDAQ-100 Growth Leaders Portfolio (QQQG), and Invesco NASDAQ Next Gen 100 ETF (QQQJ).
NDAQ has announced that Keurig Dr Pepper Inc. will join the NASDAQ-100 Index and NASDAQ-100 Equal Weighted Index effective October 19, 2020. This addition replaces Western Digital Corporation, which will also exit the NASDAQ-100 Technology Sector Index. Furthermore, Keurig Dr Pepper will be assessed for inclusion in the NASDAQ-100 Ex-Technology Index during the next quarterly rebalancing.