Russian tech giant may retain Nasdaq listing ...News

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Russian tech giant may retain Nasdaq listing
The US stock exchange won’t delist Yandex if the company divests from Russia by the end of the year US-based Nasdaq stock exchange has waived its earlier decision to delist the shares of Russian internet giant Yandex, the company announced on Friday. According to the statement, Nasdaq’s hearing panel notified Yandex of the decision to keep its listing on June 6. “Nasdaq has granted Yandex’s appeal and will not delist the company’s Class-A shares,” Yandex said in a statement. According to the decision, company shares will continue to be listed on the exchange, but the trading halt, implemented on February 28, 2022,

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