Nasdaq (NDAQ) Initiated Buy by Erste Group on 23-Hour Trading Catalyst

Erste Group has initiated coverage on Nasdaq (NDAQ) with a Buy rating, citing the company's upcoming 23-hour trading day as a key catalyst. The extended trading, set to begin December 6, 2026, is expected to significantly boost revenue growth in Nasdaq's Market Services segment by expanding global access to U.S.-listed stocks [1].

• Catalyst: 23-hour trading day, 5 days a week, starting Dec 6, 2026.
• Impact: Expected to drive revenue growth in Market Services by expanding global access.
• Valuation: Erste Group believes current valuation reflects strong growth prospects and high profitability.