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Nasdaq rises after Q3 profit beats estimates

BUZZ-Nasdaq rises after Q3 profit beats estimates 

** Nasdaq NDAQ.O shares rise 6% to $101.89 in morning trading

** Exchange operator beats estimates as volatile markets forced investors to rebalance portfolios in the July-September quarter

** Nasdaq's market services net revenue grew 2% to $309 million ​in the reported quarter

** Solutions revenue climbed 17% year-on-year in the third quarter

** Adjusted profit of $1.04 per share beat estimates of $1.02 per share, according to estimates compiled by ​LSEG

** Stock up 5.6% YTD, including session's move


(Reporting by Pritam Biswas in Bengaluru)

((Pritam.Biswas@thomsonreuters.com))

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