NEW YORK, May 8, 2014 (GLOBE NEWSWIRE) -- The NASDAQ OMX Group, Inc. (Nasdaq:NDAQ) announced that trading of K2M Group Holdings, Inc. (Nasdaq:KTWO), a global medical device company focused on designing, developing and commercializing innovative and proprietary complex spine and minimally invasive spine technologies and techniques, commenced on The NASDAQ Stock Market on May 8, 2014.
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In addition to the Company's focus on complex and minimally invasive spinal procedures, K2M has leveraged their design, development and commercialization expertise to bring to market an increasing number of products for patients suffering from degenerative spinal conditions. Collectively, these technologies and techniques, in combination with a robust product pipeline, have enabled the company to favorably compete in the global spinal surgery market.
"K2M's development of differentiated technologies for use in the treatment of complex spine cases like scoliosis and other deformities has allowed spine surgeons around the world to improve the lives of patients suffering from some of the most difficult and challenging spinal pathologies," said Nelson Griggs, Senior Vice President, Corporate Client Group, NASDAQ OMX. "We are proud to welcome K2M to The NASDAQ Stock Market."
By listing with NASDAQ, K2M joins some of the world's largest and most revolutionary healthcare companies. NASDAQ has been the exchange of choice to over 97 percent of healthcare companies that have listed on the U.S. markets year-to-date in 2014.
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.
About The NASDAQ OMX Group
NASDAQ OMX (Nasdaq:NDAQ) is a leading provider of trading, exchange technology, information and public company services across six continents. Through its diverse portfolio of solutions, NASDAQ OMX enables customers to plan, optimize and execute their business vision with confidence, using proven technologies that provide transparency and insight for navigating today's global capital markets. As the creator of the world's first electronic stock market, its technology powers more than 70 marketplaces in 50 countries, and 1 in 10 of the world's securities transactions. NASDAQ OMX is home to more than 3,400 listed companies with a market value of over $8.5 trillion and more than 10,000 corporate clients. To learn more, visit www.nasdaqomx.com.
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