after the earnings yesterday it turned positive and I was able to sell with some profit.
Is a legacy from my investment beginnings at the beginning of 2021...
The Swedish Financial Supervisory Authority has Nasdaq
Stockholm ($NDAQ (+1.11%)) with a fine of 100 million Swedish kronor¹ . The investigation revealed that Nasdaq Stockholm had deficiencies in trade surveillance at four trading surveillance at four corporate events. The purpose of this surveillance was to prevent, detect and report insider trading. In addition, the investigation revealed that in two cases Nasdaq Stockholm allowed trading in financial instruments to proceed without complying with the necessary regulatory requirements.
Position increased.
so much negative news about the company ( short term).
In the long term, things look different.
https://finance.yahoo.com/news/nasdaq-under-scrutiny-swedish-regulator-073535184.html
The price target is $65.33 and the stock is covered by 18 analysts.
Buy
8
Hold
9
Sell
1
Nasdaq, Inc. is a global technology company serving corporate clients, investment managers, banks, brokers, and exchange operators as they navigate and interact with the global capital markets and the financial system. The Company manages, operates, and provides its products and services in three business segments: Capital Access Platforms, Financial Technology and Market Services. The Company's Capital Access Platforms segment includes Data & Listing Services, Index and Workflow & Insights. The Company's Financial Technology segment comprises of Financial Crime Management Technology, Regulatory Technology and Capital Markets Technology solutions. The Company's Market Services segment operates multiple exchanges and other marketplace facilities across several asset classes, including derivatives, commodities, cash equity, debt, structured products, and exchange-traded products (ETPs). The Market Services segment also provides clearing, settlement, and central depository services.