Nasdaq Q3 Preview: Enhancing IPO Activity and Software Revenue

Thursday, 26 September 2024, 12:58

Nasdaq Q3 preview indicates improving IPO activity may start in H1 FY25. The recent acquisition of Adenza is poised to elevate Nasdaq's software revenue mix. As such, Nasdaq remains a stock worth a strong buy rating.
Seekingalpha
Nasdaq Q3 Preview: Enhancing IPO Activity and Software Revenue

Nasdaq's Q3 Outlook and IPO Trends

As Nasdaq looks forward to Q3, the prospect of improving IPO activity is on the horizon, potentially kicking off in H1 FY25.

Adenza Acquisition's Impact

The recent acquisition of Adenza will significantly strengthen Nasdaq's software revenue mix, enhancing its market position.

  • IPO activity shows signs of recovery.
  • Nasdaq's strategic acquisitions bolster its services.
  • Investor sentiment is shifting positively.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.


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