New York-based Nasdaq, Inc. (NDAQ) is a leading global financial technology and market infrastructure company that operates stock exchanges and provides trading, market data, analytics, and technology solutions to financial institutions, corporations, and investors. The company has a market cap of $61.1 billion, and is one of the world's largest electronic stock exchanges, and provides technology infrastructure that supports financial markets worldwide.
NDAQ stock has surpassed the broader market over the past year, soaring 24.9% compared to the S&P 500 Index’s ($SPX) 11.3% surge. Moreover, the stock has climbed 24%, underperforming the SPX’s 2.8% rise.