Stock Market Glossary letter N

NASDAQ – “NASDAQ” stands for the National Association of Securities Dealers Automated Quotations, an electronic stock exchange established by the National Association of Securities Dealers (NASD) in 1971. The NASDAQ has over 3,200 companies as members and is by far the largest screen-based equity securities market in the USA. The NASDAQ is known for being a preferred launching pad for high-tech companies and as such, the NASDAQ Composite Index has fluctuated widely in recent years, most especially before and after the crest of the “Dot Com Bubble”.

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