Recently, Nasdaq Inc. has been in the news due to its ongoing efforts to enhance diversity within corporate boardrooms. The company implemented a policy requiring IPO-seeking companies to have at least two non-white, male board members, which has garnered attention for its potential impact on corporate governance. Additionally, fluctuations in stock prices, particularly in tech stocks, have influenced Nasdaq's performance, with significant movements following earnings reports and inflation data.
Founded in 1971, Nasdaq Inc. operates the Nasdaq Stock Market, one of the largest stock exchanges in the world by market capitalization. Headquartered in New York City, it was the first electronic stock market and has since evolved into a global financial technology company. Nasdaq is known for its focus on technology and innovation, hosting many of the world's leading tech companies. The exchange plays a crucial role in facilitating trading and providing market data, while also offering various financial services and solutions to investors and issuers.