Salem Radio Network News Monday, August 2, 2021

Business

Nasdaq teams up with banks to create separate market for pre-IPO stocks

(Reuters) – Nasdaq Inc said on Tuesday it was teaming up with banks such as SVB Financial Group, Citigroup Inc, Goldman Sachs Group Inc and Morgan Stanley to create a separate trading venue for stocks of private companies.

(Reporting by Sohini Podder; Editing by Aditya Soni)

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Michael Ramirez
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