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Investopedia explains 'Nasdaq National Market Securities - Nasdaq-NM'
This is what most people are referring to when they talk about the Nasdaq. The larger companies trade on the Nasdaq National Market, while the smaller companies trade on the Nasdaq Small Cap Market.
To list initially, companies are required to have significant net tangible assets or operating income, a minimum public float of 500,000 shares, at least 400 shareholders, and a bid price of at least $5.
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