Nasdaq has hundreds of penny stocks. Now it’s trying to purge them. – Mint

Nasdaq, known for hosting hundreds of penny stocks, is now making efforts to remove them from its platform. The move aims to clean up the list of companies listed on Nasdaq, which includes many low-priced stocks. This decision is part of Nasdaq’s initiative to improve the overall quality and reputation of the stocks listed on its exchange. Investors should be aware of these changes as Nasdaq works towards purging penny stocks from its platform.