- Nasdaq shares jump after posting better-than-expected 3Q results
- Stock up 6.3% at $53.10 in early trading
- Shares still down over 13% year-to-date
- Flat profit reported, but adjusted earnings beat analyst expectations
- Quarterly revenue excluding expenses increased to $940 million
Factuality Level: 8
Justification:
Noise Level: 7
Justification:
Financial Relevance: Yes
Financial Markets Impacted: Nasdaq
Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article pertains to financial topics as it discusses the performance of Nasdaq and its higher revenue and adjusted earnings. However, there is no mention of any extreme event or its impact.
Public Companies: Nasdaq (NDAQ)
Private Companies:
Key People:
Shares of Nasdaq surged after the company reported strong 3Q results, surpassing analyst expectations. The stock rose by 6.3% to $53.10 in early trading. Despite this positive development, shares are still down by more than 13% year-to-date. Nasdaq reported a flat profit, but its adjusted earnings of 71 cents per share exceeded analysts’ predictions by two cents. Additionally, the company’s quarterly revenue, excluding transaction-based expenses, increased to $940 million, surpassing analyst projections.
