Nasdaq Inc. Stock Rises Friday, Still Underperforms Market
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Shares of Nasdaq Inc. (NDAQ) inched 0.54% higher to $61.90 Friday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index rising 1.36% to 3,770.55 and the Dow Jones Industrial Average rising 1.26% to 32,403.22. This was the stock's second consecutive day of gains. Nasdaq Inc. closed $9.75 below its 52-week high ($71.65), which the company reached on November 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Friday, as Hong Kong Exchanges & Clearing Ltd. ADR rose 8.73% to $32.15, CME Group Inc. Cl A (CME) fell 0.15% to $170.67, and Deutsche Boerse AG ADR rose 1.94% to $15.78. Trading volume (1.7 M) remained 289,457 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 4, 2022.
(END) Dow Jones Newswires
November 04, 2022 17:11 ET (21:11 GMT)
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