A Volatile Stock Market Is Still Great for Nasdaq

Brent Nyitray, CFA, The Motley Fool
·4-min read
A Volatile Stock Market Is Still Great for Nasdaq
A Volatile Stock Market Is Still Great for Nasdaq

While 2020 has been a lousy year for the financial stocks in general, the stock exchanges have held up reasonably well, outperforming the banks and the real estate investment trusts. Despite a tough economic environment, initial public offerings (IPOs) have been strong, and commission-free trading platforms like Robinhood have contributed to increased volumes. Nasdaq (NASDAQ: NDAQ) recently announced strong third-quarter earnings.