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

Nasdaq, known for having a wide selection of penny stocks, is now taking steps to remove them from its platform. The move comes as the stock market continues to evolve and Nasdaq aims to improve the quality of companies listed on its exchange. By purging these penny stocks, Nasdaq hopes to enhance the overall value and credibility of its offerings. Investors should stay tuned for updates on this development.