NDAQ » Topics » Volatility in our stock price could adversely affect our stockholders.

These excerpts taken from the NDAQ 10-K filed Feb 27, 2009.

Volatility in our stock price could adversely affect our stockholders.

 

The market price of our common stock is likely to be volatile. Broad market and industry factors may adversely affect the market price of our common stock, regardless of our actual operating performance. Factors that could cause fluctuations in our stock price may include, among other things:

 

   

actual or anticipated variations in our quarterly operating results;

 

   

changes in financial estimates by us or by any securities analysts who might cover our common stock;

 

   

conditions or trends in our industry, including trading volumes, regulatory changes or changes in the securities marketplace;

 

   

conditions or trends in the credit markets;

 

   

announcements by us or our competitors of significant acquisitions, strategic partnerships or divestitures;

 

   

announcements of investigations or regulatory scrutiny of our operations or lawsuits filed against us;

 

   

additions or departures of key personnel; and

 

   

sales of our common stock, including sales of our common stock by our directors and officers, significant stockholders or our strategic investors.

 

Volatility in our stock price could adversely affect our stockholders.

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The market price of our common stock is likely to be volatile. Broad market
and industry factors may adversely affect the market price of our common stock, regardless of our actual operating performance. Factors that could cause fluctuations in our stock price may include, among other things:

STYLE="margin-top:0px;margin-bottom:-6px"> 







  

actual or anticipated variations in our quarterly operating results;

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changes in financial estimates by us or by any securities analysts who might cover our common stock;

STYLE="margin-top:0px;margin-bottom:-6px"> 







  

conditions or trends in our industry, including trading volumes, regulatory changes or changes in the securities marketplace;

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conditions or trends in the credit markets;

 







  

announcements by us or our competitors of significant acquisitions, strategic partnerships or divestitures;

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announcements of investigations or regulatory scrutiny of our operations or lawsuits filed against us;

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additions or departures of key personnel; and

 







  

sales of our common stock, including sales of our common stock by our directors and officers, significant stockholders or our strategic investors.

 

This excerpt taken from the NDAQ 10-Q filed May 9, 2008.

Volatility in our stock price could adversely affect our stockholders.

The market price of our common stock is likely to be volatile. Broad market and industry factors may adversely affect the market price of our common stock, regardless of our actual operating performance. Factors that could cause fluctuations in our stock price may include, among other things:

 

   

actual or anticipated variations in our quarterly operating results;

 

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changes in financial estimates by us or by any securities analysts who might cover our common stock;

 

   

conditions or trends in our industry, including trading volumes, regulatory changes or changes in the securities marketplace;

 

   

announcements by us or our competitors of significant acquisitions, strategic partnerships or divestitures;

 

   

announcements of investigations or regulatory scrutiny of our operations or lawsuits filed against us;

 

   

additions or departures of key personnel; and

 

   

sales of our common stock, including sales of our common stock by our directors and officers, significant stockholders or our strategic investors.

These excerpts taken from the NDAQ 10-K filed Feb 25, 2008.

Volatility in our stock price could adversely affect our stockholders.

 

The market price of our common stock is likely to be volatile. Broad market and industry factors may adversely affect the market price of our common stock, regardless of our actual operating performance. Factors that could cause fluctuations in our stock price may include, among other things:

 

   

actual or anticipated variations in our quarterly operating results;

 

   

changes in financial estimates by us or by any securities analysts who might cover our common stock;

 

   

conditions or trends in our industry, including trading volumes, regulatory changes or changes in the securities marketplace;

 

   

announcements by us or our competitors of significant acquisitions, strategic partnerships or divestitures;

 

   

announcements of investigations or regulatory scrutiny of our operations or lawsuits filed against us;

 

   

additions or departures of key personnel; and

 

   

sales of our common stock, including sales of our common stock by our directors and officers, significant stockholders or our strategic investors.

 

Volatility in our stock price could
adversely affect our stockholders.

 

The market price
of our common stock is likely to be volatile. Broad market and industry factors may adversely affect the market price of our common stock, regardless of our actual operating performance. Factors that could cause fluctuations in our stock price may
include, among other things:

 







  

actual or anticipated variations in our quarterly operating results;

SIZE="1"> 







  

changes in financial estimates by us or by any securities analysts who might cover our common stock;

STYLE="margin-top:0px;margin-bottom:-6px"> 







  

conditions or trends in our industry, including trading volumes, regulatory changes or changes in the securities marketplace;

STYLE="margin-top:0px;margin-bottom:-6px"> 







  

announcements by us or our competitors of significant acquisitions, strategic partnerships or divestitures;

STYLE="margin-top:0px;margin-bottom:-6px"> 







  

announcements of investigations or regulatory scrutiny of our operations or lawsuits filed against us;

STYLE="margin-top:0px;margin-bottom:-6px"> 







  

additions or departures of key personnel; and

 







  

sales of our common stock, including sales of our common stock by our directors and officers, significant stockholders or our strategic investors.

 

This excerpt taken from the NDAQ 10-K filed Feb 28, 2007.

Volatility in our stock price could adversely affect our stockholders.

 

The market price of our common stock is likely to be volatile. Broad market and industry factors may adversely affect the market price of our common stock, regardless of our actual operating performance. Factors that could cause fluctuations in our stock price may include, among other things:

 

   

fluctuations in the value of our investment in LSE;

 

   

actual or anticipated variations in our quarterly operating results;

 

   

changes in financial estimates by us or by any securities analysts who might cover our common stock;

 

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conditions or trends in our industry, including trading volumes, regulatory changes or changes in the securities marketplace;

 

   

announcements by us or our competitors of significant acquisitions, strategic partnerships or divestitures;

 

   

announcements of investigations or regulatory scrutiny of our operations or lawsuits filed against us;

 

   

additions or departures of key personnel; and

 

   

sales of our common stock, including sales of our common stock by our directors and officers, significant stockholders or our strategic investors.

 

This excerpt taken from the NDAQ 8-K filed Dec 11, 2006.

Volatility in our stock price could adversely affect our stockholders.

The market price of our common stock is likely to be volatile. Broad market and industry factors may adversely affect the market price of our common stock, regardless of our actual operating performance. Factors that could cause fluctuations in our stock price may include, among other things:

 

    developments with respect to our investment in, and proposed acquisition of, LSE;

 

8


    actual or anticipated variations in our quarterly operating results;

 

    changes in financial estimates by us or by any securities analysts who might cover our common stock;

 

    conditions or trends in our industry, including trading volumes, regulatory changes or changes in the securities marketplace;

 

    announcements by us or our competitors of significant acquisitions, strategic partnerships or divestitures;

 

    announcements of investigations or regulatory scrutiny of our operations or lawsuits filed against us;

 

    additions or departures of key personnel; and

 

    sales of our common stock, including sales of our common stock by our directors and officers, significant stockholders or our strategic investors.
This excerpt taken from the NDAQ 10-K filed Mar 15, 2006.

Volatility in our stock price could adversely affect our stockholders.

 

The market price of our common stock is likely to be volatile. Broad market and industry factors may adversely affect the market price of our common stock, regardless of our actual operating performance. Factors that could cause fluctuations in our stock price may include, among other things:

 

    actual or anticipated variations in our quarterly operating results;

 

    changes in financial estimates by us or by any securities analysts who might cover our stock;

 

    conditions or trends in our industry, including trading volumes, regulatory changes or changes in the securities marketplace, including with respect to the NYSE/Archipelago merger;

 

    announcements by us or our competitors of significant acquisitions, strategic partnerships or divestitures;

 

    announcements of investigations or regulatory scrutiny of our operations or lawsuits filed against us;

 

    additions or departures of key personnel; and

 

    sales of our common stock, including sales of our common stock by our directors and officers or our strategic investors.

 

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