Nasdaq, Inc.’s Stock Price Drops to $60.88, Reflecting a 2.53% Decline: A Deep Dive into NDAQ’s Market Performance

Nasdaq, Inc. (NDAQ)

60.88 USD -1.58 (-2.53%) Volume: 18.27M

Discover Nasdaq, Inc.’s stock price performance, currently valued at 60.88 USD, experiencing a trading session dip of -2.53%. Despite the daily volatility, the stock boasts a positive year-to-date percentage change of +4.71%, with a significant trading volume of 18.27M. Stay updated with NDAQ’s market trends and investment opportunities.

Latest developments on Nasdaq, Inc.

Several key events have led to significant movements in Nasdaq Inc‘s stock price today. Borse Dubai’s plan to sell $1.6 billion of its Nasdaq stake caused a notable drop in the stock. Despite this, the Nasdaq composite has risen nearly 9% this year, outperforming competitors on strong trading days. However, stocks such as Chipotle and General Mills rising, coupled with Signet Jewelers and Nasdaq falling, have contributed to fluctuations. The resolution of a premarket tech glitch also played a part in stabilizing the stock’s performance.

A look at Nasdaq, Inc. Smart Scores

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

According to Smartkarma Smart Scores, Nasdaq Inc has a promising long-term outlook. The company, which operates a global stock exchange, has been given an overall score of 3 out of 5. This score is based on various factors such as value, dividend, growth, resilience, and momentum. While the company has received a score of 2 for value and dividend, indicating moderate performance in these areas, it has scored a 3 for growth, suggesting potential for future expansion. Additionally, Nasdaq Inc has been given a score of 4 for momentum, indicating strong performance and positive market sentiment towards the company.

Nasdaq Inc‘s strong performance in terms of momentum and growth is a positive sign for investors and shareholders. The company’s global presence and offering of trading, clearing, and exchange technology services have contributed to its overall score of 3. Despite receiving a score of 2 for resilience, Nasdaq Inc‘s diverse range of services and global reach make it a resilient company in the long run. With a promising outlook and positive scores across multiple factors, Nasdaq Inc is well-positioned to continue its success as a leading global stock exchange company.

Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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