NASDAQ OMX Group, Inc. : NASDAQ Welcomes Travel Site KAYAK (NASDAQ:KYAK) to The NASDAQ Stock Market
07/20/2012| 04:40pm US/Eastern
NEW YORK, July 20, 2012 (GLOBE NEWSWIRE) -- The NASDAQ OMX
Group, Inc. (Nasdaq:NDAQ) today announced that KAYAK
(Nasdaq:KYAK), a leading travel online search engine,
successfully completed its initial public offering on The
NASDAQ Stock Market. KAYAK shares began trading today, July
20, 2012, on The NASDAQ Global Select Market under the ticker
KAYAK is a travel search engine that allows users to research
and compare hundreds of global travel sites on one
comprehensive, fast and intuitive platform. KAYAK was founded
in 2004 by the co-founders of leading online travel agencies,
Orbitz, Expedia and Travelocity. By offering a unique
and improved approach to online travel, customers are able to
view a wider range of hotel, flight, rental car or cruise
possibilities for an upcoming trip. KAYAK is partnered
through advertising with over 4,000 of the travel suppliers
and online travel agencies, including the leading providers
in each travel sector.
"KAYAK has transformed the way people make informed
travel decisions, allowing users to compare hundreds of
travel sites at once in one fast and intuitive display,"
said Bob McCooey, Senior Vice President, NASDAQ OMX Corporate
Client Group. "KAYAK's sophisticated search engine
truly exemplifies the innovative nature of NASDAQ listed
companies and we are thrilled to welcome them to our
Since its foundation, NASDAQ OMX has consistently been the
exchange of choice for some of the world's largest and
most revolutionary companies. By listing with NASDAQ,
KAYAK joins leading internet and technology companies such as
Google, Expedia, TripAdvisor and Home Away.
About NASDAQ OMX:
The inventor of the electronic exchange, The NASDAQ OMX
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in 10 of the world's securities transactions. Our
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(Symbol: NDAQ and member of S&P 500)
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CONTACT: Jennifer Knapp
+1 212 401 8916
Source: The NASDAQ OMX Group, Inc.
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