Ashleigh Rogers
Long/short equity, growth at reasonable price, value, banks

Nasdaq Transformation Still Has A Ways To Go To Reach Peer Valuations

For a stock that was essentially dead money for five years, The NASDAQ OMX Group (NASDAQ:NDAQ) has surprised a lot of investors over the last year. After struggling to capture the interest and attention of investors for a long time, the company (and its peers) have got very exciting about the same time that IntercontinentalExchange, Inc. (NYSE:ICE) started looking at buying the New York Stock Exchange (or "NYSE"). NDAQ of course is the owner of the eponymous exchange, which is one of the big two in the US. Virtually everyone reading this presumably knows that, and most people are probably equally aware of the issues that have challenged the Nasdaq over the last couple of years...

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