Nasdaq Resumes Trading In Nebius Group N.V. At 9:00 a.m. ET On October 21, 2024
Portfolio Pulse from Benzinga Newsdesk
Nasdaq announced the resumption of trading for Nebius Group N.V. (NASDAQ:NBIS) on October 21, 2024, after a halt since February 28, 2022, when it was known as Yandex N.V. (NASDAQ:YNDX).
October 18, 2024 | 8:07 pm
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POSITIVE IMPACT
Trading for Nebius Group N.V. (NASDAQ:NBIS) will resume on October 21, 2024, after being halted since February 2022.
The resumption of trading after a long halt is likely to generate interest and potentially increase volatility and trading volume, which could lead to a positive short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100
NEUTRAL IMPACT
Nasdaq (NASDAQ:NDAQ) announced the resumption of trading for Nebius Group N.V. (NASDAQ:NBIS).
While Nasdaq's role in resuming trading is significant, it is unlikely to have a direct impact on Nasdaq's stock price.
CONFIDENCE 80
IMPORTANCE 30
RELEVANCE 50
NEUTRAL IMPACT
Nebius Group N.V. was formerly known as Yandex N.V. (NASDAQ:YNDX) before the trading halt.
The historical reference to Yandex N.V. is relevant for context but does not impact the current trading or stock price.
CONFIDENCE 85
IMPORTANCE 50
RELEVANCE 70