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NEW YORK, June 05, 2015 (GLOBE NEWSWIRE) -- Nasdaq (Nasdaq:NDAQ) announced that trading of DAVIDsTEA (Nasdaq:DTEA) commenced on The Nasdaq Stock Market on June 5, 2015.
Founded in 2008, DAVIDsTEA has grown from a Canadian based company to a global franchise in North America with more than 150 retail outlets. DAVIDsTEA offers over 150 types of tea, including exclusive blends, limited edition seasonal collections, traditional straight teas and exotic infusions from around the globe. Headquartered in Montreal, Quebec, the company is committed to sustainable business practices and dedicated to longstanding community involvement.
“A passionate brand like DAVIDsTEA brings cultures together through the modernization of consumer tea products,” said Nelson Griggs, Executive Vice President, Listing Services, Nasdaq. “DAVIDsTEA represents what it means to be a Nasdaq listed company, and we are looking forward to celebrating its future successes.”
By listing with Nasdaq, DAVIDsTEA joins some of the world’s largest and most revolutionary companies. Nasdaq is the exchange of choice to 60 percent of consumer companies listed on the U.S. markets year to date. DAVIDsTEA joins over 48 companies headquartered in Canada listed on Nasdaq.
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 Nasdaq 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.
Nasdaq (Nasdaq:NDAQ) is a leading provider of trading, clearing, exchange technology, listing, information and public company services across six continents. Through its diverse portfolio of solutions, Nasdaq 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 is home to more than 3,500 listed companies with a market value of approximately $9.5 trillion and more than 10,000 corporate clients. To learn more, visit: nasdaq.com/ambition or business.nasdaq.com.
The photo is also available via AP PhotoExpress.
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