Will More High-Profile Stocks Move to the Nasdaq? | The Motley Fool

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The stock market fared poorly on Tuesday, and the Nasdaq Composite (NASDAQINDEX:^IXIC) saw significant losses. As of 2 p.m. EDT, the Nasdaq was down more than 1%, roughly in line with other major market benchmarks. Many companies that are coming public for the first time choose the Nasdaq, as the exchange has a reputation for being a home for high-growth tech-savvy businesses with aspirations for excellence. Yet increasingly, a key element of the Nasdaq's success has been the willingness of companies to move their listings away from the rival New York Stock Exchange. This trend is contributing to the Nasdaq's strength and could well continue. Image source: Getty Images. Big wins for the Nasdaq In the first half of 2021, the Nasdaq had a huge role in the investment banking area. The exchange boasted 410 new initial public offerings, raising $106 billion in capital for listing companies. That was the highest  since 2008, and it gave th
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