Nasdaq Has Become the Market of Choice for Dubious Penny-Stock IPOs

Core Insights - Nasdaq has announced intentions to tighten its listing standards following a surge in new listings that began last year [1] Group 1 - The surge in listings on Nasdaq started last year, indicating a significant increase in market activity [1] - The tightening of standards by Nasdaq suggests a response to the rapid growth and potential concerns regarding the quality of new listings [1]