What does NASDAQ stand for?

If this question were asked in 1971, the answer would be that NASDAQthen spelled with all capital lettersis an acronym standing for National Association of Securities Dealers Automated Quotations. But this automated quotation system quickly matured far beyond its original quote-service roots, evolving into what it is todaya major world stock market. Indeed, what NASDAQ "stands for" is not nearly as relevant as what The NASDAQ Stock Market has become known for, namely pioneering screen-based technology and an abundance of growth companies.

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