BUZZ - Nasdaq rises as third-quarter profits exceed expectations

October 22 - ** Nasdaq NDAQ.O share price rose 6% in early trading, reaching $101.89

** Impacted by market volatility during the July to September quarter, investors were forced to rebalance their portfolios, leading the exchange operator to outperform expectations

** Nasdaq's net market services income for the quarter increased by 2% to $309 million

** Third-quarter solutions business revenue grew by 17% year-on-year

** According to forecasts compiled by London Stock Exchange Group (LSEG), adjusted earnings per share stood at $1.04 , surpassing the market expectation of $1.02 per share

** Including today's gain, the stock has risen 5.6% year-to-date

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