Nasdaq plans to delist QMMM Holdings Limited on June 24 unless an appeal is submitted. Trading remains halted.
Quiver AI Summary
The Nasdaq Stock Market has notified QMMM Holdings Limited that its securities will be delisted on June 24, 2026, unless the company appeals to a Listing Qualifications Hearings Panel. Trading of QMMM's securities has been halted since a temporary suspension by the U.S. Securities and Exchange Commission in October 2025. Nasdaq has decided to exercise its authority to delist the company's securities due to ongoing issues. If delisted, these securities may still be eligible for over-the-counter trading. Further information regarding the company can be found through its public filings or directly from the company, and more details about Nasdaq's rules on delisting are available on its website.
Potential Positives
- Nasdaq's announcement serves as a clear communication of regulatory actions, reinforcing the transparency and integrity of the exchange.
- The company may have the opportunity to appeal the delisting decision, which could potentially allow them to retain their listing status.
- Post-delisting, the securities may still be eligible for trading in the over-the-counter market, providing a continuing opportunity for investors.
- The press release provides access to additional resources and information regarding the company's situation and Nasdaq's rules, promoting informed investor engagement.
Potential Negatives
- QMMM Holdings Limited faces imminent delisting from the Nasdaq, signaling potential financial distress and lack of compliance with listing requirements.
- Trading of QMMM securities has been suspended since October 2025, indicating prolonged issues that may contribute to investor uncertainty.
- The possibility of trading only in the over-the-counter market after delisting may reduce liquidity and investor interest significantly.
FAQ
What announcement did Nasdaq make regarding QMMM Holdings Limited?
Nasdaq announced it will delist QMMM Holdings Limited securities on June 24, 2026, unless the company appeals.
Why were QMMM Holdings securities halted?
The U.S. Securities and Exchange Commission temporarily suspended trading in QMMM Holdings securities on October 11, 2025.
What options does QMMM Holdings have following the delisting notification?
QMMM Holdings can appeal the delisting decision to a Listing Qualifications Hearings Panel.
What happens if QMMM Holdings is delisted from Nasdaq?
If delisted, the securities may be eligible for trading in the over-the-counter market.
Where can I find more information about Nasdaq's delisting rules?
More information can be found in the Nasdaq Rule 5800 Series available on their website.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$NDAQ Insider Trading Activity
$NDAQ insiders have traded $NDAQ stock on the open market 10 times in the past 6 months. Of those trades, 2 have been purchases and 8 have been sales.
Here’s a breakdown of recent trading of $NDAQ stock by insiders over the last 6 months:
- AB INVESTOR has made 2 purchases buying 256,782 shares for an estimated $20,717,156 and 0 sales.
- ADENA T FRIEDMAN (Chair and CEO) sold 113,611 shares for an estimated $9,706,923
- COHEN TAL (Pres. Market Platforms) sold 15,518 shares for an estimated $1,408,258
- BRADLEY J PETERSON (EVP, CIO) sold 7,710 shares for an estimated $700,222
- PC NELSON GRIGGS (Pres. Capital Access Platforms) sold 5,093 shares for an estimated $471,713
- JOHN ZECCA (EVP, Global CLO) sold 4,500 shares for an estimated $450,045
- BRYAN EVERARD SMITH (EVP, CPO) sold 3,000 shares for an estimated $260,730
- MICHELLE LYNN DALY (SVP, Controller & PAO) has made 0 purchases and 2 sales selling 1,323 shares for an estimated $117,512.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
$NDAQ Revenue
$NDAQ had revenues of $2.1B in Q1 2026. This is an increase of 2.25% from the same period in the prior year.
You can track NDAQ financials on Quiver Quantitative's NDAQ stock page.
You can access data on NDAQ stock through the Quiver Quantitative API.
$NDAQ Congressional Stock Trading
Members of Congress have traded $NDAQ stock 8 times in the past 6 months. Of those trades, 8 have been purchases and 0 have been sales.
Here’s a breakdown of recent trading of $NDAQ stock by members of Congress over the last 6 months:
- REPRESENTATIVE APRIL MCCLAIN DELANEY has traded it 8 times. They made 8 purchases worth up to $120,000 on 04/24, 03/31, 03/18, 03/10, 03/09, 03/04, 03/03, 02/27 and 0 sales.
To track congressional stock trading, check out Quiver Quantitative's congressional trading dashboard. You can access data on congressional stock trades through the Quiver Quantitative API Congress trades endpoint.
$NDAQ Hedge Fund Activity
We have seen 531 institutional investors add shares of $NDAQ stock to their portfolio, and 586 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- UBS GROUP AG added 3,138,962 shares (+81.5%) to their portfolio in Q1 2026, for an estimated $266,466,484
- FARALLON CAPITAL MANAGEMENT LLC removed 2,989,213 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $253,754,291
- WINSLOW CAPITAL MANAGEMENT, LLC removed 2,568,537 shares (-100.0%) from their portfolio in Q1 2026, for an estimated $218,043,105
- SELECT EQUITY GROUP, L.P. added 1,810,369 shares (+48.2%) to their portfolio in Q1 2026, for an estimated $153,682,224
- MASSACHUSETTS FINANCIAL SERVICES CO /MA/ added 1,432,672 shares (+5.2%) to their portfolio in Q1 2026, for an estimated $121,619,526
- FRANKLIN RESOURCES INC removed 1,415,531 shares (-13.4%) from their portfolio in Q1 2026, for an estimated $120,164,426
- WELLINGTON MANAGEMENT GROUP LLP removed 1,380,846 shares (-3.7%) from their portfolio in Q1 2026, for an estimated $117,220,016
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
$NDAQ Analyst Ratings
Wall Street analysts have issued reports on $NDAQ in the last several months. We have seen 3 firms issue buy ratings on the stock, and 0 firms issue sell ratings.
Here are some recent analyst ratings:
- Barclays issued a "Overweight" rating on 01/30/2026
- JP Morgan issued a "Overweight" rating on 01/30/2026
- Morgan Stanley issued a "Overweight" rating on 01/15/2026
To track analyst ratings and price targets for $NDAQ, check out Quiver Quantitative's $NDAQ forecast page.
$NDAQ Price Targets
Multiple analysts have issued price targets for $NDAQ recently. We have seen 7 analysts offer price targets for $NDAQ in the last 6 months, with a median target of $108.0.
Here are some recent targets:
- Chris Allen from Keefe, Bruyette & Woods set a target price of $97.0 on 04/24/2026
- Benjamin Budish from Barclays set a target price of $114.0 on 04/13/2026
- Bill Katz from TD Cowen set a target price of $106.0 on 02/26/2026
- Michael Cyprys from Morgan Stanley set a target price of $116.0 on 01/30/2026
- Ashish Sabadra from RBC Capital set a target price of $108.0 on 01/30/2026
- Michael Cho from JP Morgan set a target price of $101.0 on 01/30/2026
- Alex Kramm from UBS set a target price of $120.0 on 01/12/2026
Full Release
NEW YORK, June 17, 2026 (GLOBE NEWSWIRE) -- The Nasdaq Stock Market (Nasdaq: NDAQ) announced today that it has notified QMMM Holdings Limited (Nasdaq: QMMM) that its securities will be delisted from the Nasdaq Stock Market LLC on June 24, unless the company appeals to a Listing Qualifications Hearings Panel. The securities will remain halted, and unavailable to trade, until any appeal is resolved, and the securities are removed from Nasdaq. Following removal from Nasdaq the securities may be eligible for trading in the over-the-counter market.
Following a temporary trading suspension in the Company’s securities by the U.S. Securities and Exchange Commission ( https://www.sec.gov/enforcement-litigation/trading-suspensions/34-104112-ts ) Nasdaq halted trading in the Company’s ordinary shares on October 11, 2025. Nasdaq has now determined that it is appropriate to use its authority under IM-5101-4 to delist the Company’s securities from Nasdaq.
For news and additional information about the company, please review the companies’ public filings or contact the company directly.
For more information about The Nasdaq Stock Market, visit the Nasdaq Web site at http://www.nasdaq.com . Nasdaq’s rules governing the delisting of securities can be found in the Nasdaq Rule 5800 Series, available on the Nasdaq Web site: https://listingcenter.nasdaq.com/rulebook/nasdaq/rules/nasdaq-5800-series .
