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HP announced on January 12 that it intended to list on the NASDAQ Stock Market and The New York Stock Exchange.
"Through their listing on NASDAQ, HP is seeking to provide additional choice to their investors," said Bruce Aust, executive vice president, NASDAQ Corporate Client Group. "NASDAQ provides a multi-participant, competitive market model that is rooted in technology and innovation. We are delighted to welcome HP to the NASDAQ."
HP is a technology solutions provider to consumers, businesses and institutions globally.
Companies wishing to dual list on NASDAQ must meet National Market listing standards. Firms listing on NASDAQ as well as the NYSE will trade under the same one, two, or three-letter symbol on both markets.
NASDAQ® is the world's largest electronic stock market. With approximately 3,300 companies, it lists more companies and, on average, trades more shares per day than any other U.S. market. It is home to category-defining companies that are leaders across all areas of business including technology, retail, communications, financial services, transportation, media and biotechnology industries. NASDAQ is the primary market for trading NASDAQ listed stocks. Approximately 54% of NASDAQ-listed shares traded are reported to NASDAQ systems. For more information about NASDAQ, visit the NASDAQ Web site at www.NASDAQ.com or the NASDAQ NewsroomSM at www.NASDAQnews.com.
