NEW YORK, June 27, 2013 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) today announced that trading of HD Supply Holdings, Inc. (Nasdaq:HDS), one of the largest industrial distributors in North America, commenced on The NASDAQ Stock Market on Thursday, June 27, 2013 under the ticker symbol "HDS".
HD Supply is one of the largest industrial distributors in North America and provides a broad range of products and value-add services to approximately 500,000 customers with leadership positions in maintenance, repair and operations, infrastructure and power and specialty construction sectors. HD Supply's leading business units include HD Supply Waterworks, HD Supply Power Solutions, HD Supply Facilities Maintenance and HD Supply White Cap, which specialize in delivering supplies and services to a wide range of customers, with a focus on contractors, builders, maintenance professionals, government and municipal entities and industrial businesses. With more than 600 locations across 46 states and nine Canadian provinces, the company's approximately 15,000 associates provide localized, customer-driven services including jobsite delivery, will call or direct-ship options, diversified logistics and innovative solutions that contribute to its customers' success.
"NASDAQ congratulates HD Supply on its listing on The NASDAQ Stock Market, which will continue to provide the company with the opportunity for continued growth within HD Supply's leading businesses," said Bruce Aust, Executive Vice President, NASDAQ OMX. "We are happy to be the exchange of choice for HD Supply's listing and look forward to celebrating many milestones with HD Supply and its shareholders in the years to come."
Since its inception, NASDAQ OMX has consistently been the exchange of choice for some of the world's most innovative and progressive companies across all industries including industrial companies including HD Supply Holdings, Fastenal, Apogee Enterprise, Builders FirstSource and Universal Forest Products.
About NASDAQ OMX
The inventor of the electronic exchange, The NASDAQ OMX Group, Inc., fuels economies and provides transformative technologies for the entire lifecycle of a trade - from risk management to trade to surveillance to clearing. In the U.S. and Europe, we own and operate 26 markets including 3 clearinghouses and 5 central securities depositories supporting equities, options, fixed income, derivatives, commodities, futures and structured products. Able to process more than 1 million messages per second at sub-55 microsecond average speeds with 99.99% uptime, our technology drives more than 70 marketplaces in 50 developed and emerging countries into the future, powering 1 in 10 of the world's securities transactions. Our award-winning data products and worldwide indexes are the benchmarks in the financial industry. Home to approximately 3,300 listed companies worth $6 trillion in market cap whose innovations shape our world, we give the ideas of tomorrow access to capital today. Welcome to where the world takes a big leap forward, daily. Welcome to the NASDAQ OMX Century. To learn more, visit www.nasdaqomx.com. Follow us on Facebook (http://www.facebook.com/NASDAQ) and Twitter (http://www.twitter.com/nasdaqomx). (Symbol: NDAQ and member of S&P 500)
The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice, either on behalf of a particular security or an overall investment strategy. Neither The NASDAQ OMX Group, Inc. nor any of its affiliates makes any recommendation to buy or sell any security or any representation about the financial condition of any company. Statements regarding NASDAQ-listed companies are not guarantees of future performance. Actual results may differ materially from those expressed or implied. Past performance is not indicative of future results. Investors should undertake their own due diligence and carefully evaluate companies before investing. ADVICE FROM A SECURITIES PROFESSIONAL IS STRONGLY ADVISED.
Jennifer Knapp +1 212 401 8916
The NASDAQ OMX Group, Inc.
New York, New York, UNITED STATES
Jennifer Knapp +1 212 401 8916
Day's Range: 38.66-39.34
Previous Close: 38.86
Market Cap: 6.48B
Day's Volume: 250,690