NEW YORK, July 20, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of PayPal Holdings, Inc. (Nasdaq:PYPL), a digital payments leader, commenced on The Nasdaq Stock Market on July 20, 2015.
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Founded in 1998, PayPal continues to be at the forefront of the digital payments revolution. The company’s products give people better ways to connect to their money and to each other. With 169 million active customer accounts, PayPal has created an open and secure payments ecosystem people and businesses choose to securely transact with each other online, in stores and on mobile devices. PayPal is a truly global payments platform that is available to people in 203 markets, allowing customers to get paid in more than 100 currencies, withdraw funds to their bank accounts in 57 currencies and hold balances in their PayPal accounts in 26 currencies.
“For almost two decades, PayPal has been a visionary and a leader in online payments,” said Nelson Griggs, Executive Vice President, Listing Services at Nasdaq. “We are thrilled to welcome PayPal back to the Nasdaq family – under their original ticker symbol – and look forward to supporting the company as it continues to grow and provide digital payment solutions to their loyal customers worldwide.”
By listing on Nasdaq, PayPal joins many of the world’s largest and most revolutionary companies. Nasdaq is the exchange of choice for over 72 percent of technology companies listed on the U.S. markets and 71 percent of all public technology companies based in Silicon Valley.
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither Nasdaq nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding Nasdaq-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
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Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. Nasdaq is home to more than 3,500 listed companies with a market value of approximately $9.5 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
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