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Md. genomic analysis company to remain listed on Nasdaq
OpGen Inc., a Gaithersburg-based computer genomic analysis company, received notification from Nasdaq that it will continue to be listed and traded on the Nasdaq stock market.
Terraform Power could be delisted from Nasdaq
Terraform Power Inc., a Bethesda-based owner and operator of clean energy power plants, is at risk of being delisted from the Nasdaq stock market. Terraform notified the SEC last week that it wouldn’t be able to file its second quarter report on time without unreasonable effort and expense. After that, a senior director of Nasdaq listing qualifications […]
MMA Capital trading on Nasdaq
The newly renamed MMA Capital Management LLC, of Baltimore, a real estate asset management company, will start trading on the Nasdaq Capital Market exchange on Thursday, MMA announced. The company, formerly known as MuniMae, executed a reverse 1-for-5 stock split on Sept. 29, enabling MMA to meet Nasdaq’s minimum price requirement, the firm said. CEO Michael […]
2U begins selling stock on Nasdaq
2U Inc., of Landover, a maker of software for institutions of higher education, became a public company on Friday with an initial public offering of 9.175 million shares of common stock priced at $13 per share, trading on Nasdaq under the symbol TWOU.
Tangling over Twitter: NYSE, Nasdaq fight for IPO
NEW YORK — Twitter’s stock debut is the biggest coming-out party since Facebook, and Wall Street’s largest exchanges are fighting to host it. The company has yet to announce an exchange, but when its shares go public — most likely before Thanksgiving — Twitter executives could either ring the opening bell on the floor of […]
Marriott transferring listing to Nasdaq
BETHESDA — Marriott is voluntarily transferring its listing to the Nasdaq Global Select Market from the New York Stock Exchange. The hotel and timeshare company said that its shares are expected to start trading on the Nasdaq on Oct. 21. Its ticker symbol will remain “MAR.” It will continue trading on the New York Stock […]
Nasdaq paying $10M to settle Facebook disruption
WASHINGTON — Nasdaq has agreed to pay a $10 million penalty to settle federal civil charges after regulators said its systems and decisions disrupted Facebook’s public stock offering last year. The Securities and Exchange Commission said Wednesday that the penalty is the largest ever imposed against an exchange. Nasdaq also has had to pay $62 […]
Dow has its first close above 15,000 points
NEW YORK — The Dow Jones industrial average is punching through another milestone: its first close above 15,000. The Dow rose 87 points to 15,056 points Tuesday, a gain of 0.6 percent. It was another milestone in the market’s epic ascent in 2013. Good economic reports, higher corporate profits and support from central banks have […]
SEC approves Nasdaq’s Facebook IPO payment plan
NEW YORK — The Securities and Exchange Commission said Monday that it has approved a plan by the Nasdaq stock exchange to pay $62 million in reimbursements to investment firms that lost money because of technical problems during Facebook’s initial public offering last year. The Nasdaq had said in June that it would pay $40 […]
Facebook’s stock tumbles after 1st public quarter
NEW YORK — Facebook’s first earnings report as a public company had solid numbers, but in the end it landed with a thud — much like its rocky initial public offering two months ago. Facebook reported stronger-than-expected revenue and a gain in user numbers Thursday. But investors weren’t impressed and after a brief spike, its […]
Facebook seeks to consolidate post-IPO lawsuits
NEW YORK — Facebook is seeking to consolidate the more than 40 lawsuits it faces following its rocky initial public offering of stock last month. In a filing with a judicial panel on Friday, Facebook and the banks overseeing its IPO also outlined their case against the lawsuits, which they hope to consolidate in New […]
Nasdaq sets aside $40M for Facebook investors
NEW YORK — The Nasdaq stock exchange said Wednesday that it plans to hand out $40 million in cash and credit to reimburse investment firms that got ensnared by technical problems with trading Facebook stock. FINRA, the financial industry’s self-regulatory group, will review claims for compensation. Facebook went public May 18 amid great fanfare. But […]
