Nordic-Based Investor AB Buys 40K Nasdaq (NDAQ) Shares On Facebook Weakness
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With shares of Nasdaq OMX Group Inc. (Nasdaq: NDAQ) under pressure following the Facebook IPO fiasco, at least one large investor is using the weakness to buy the stock.
In a filing Wednesday afternoon, Nordic-based Investor AB disclosed the purchase of 40,000 shares made on 5/21 at $21.90. This brings the firm's stake to 19,294,142 shares.
In a filing Wednesday afternoon, Nordic-based Investor AB disclosed the purchase of 40,000 shares made on 5/21 at $21.90. This brings the firm's stake to 19,294,142 shares.
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