Nasdaq profit rises on high-profile listings, robust data revenue

Nasdaq reported a jump in second-quarter profit on Thursday, boosted by several high-profile listings on its exchange and strong demand for its data services in a volatile market environment.

The company reported net income of $507 million, or 89 cents per share, for the three months ended June 30, compared with $452 million, or 78 cents per share, a year earlier.