Here's a revised version of the content that is unique and plagiarism-free:
Several key trading indexes on the Nasdaq ended the day positively on Wednesday.
However, Nasdaq's stock itself didn't fare as well, losing over 2% during the trading session due to news that a major stockholder had sold some of its holdings.
This decline was in contrast to the Nasdaq Composite index, which saw a gain of more than 1%.
The drop in Nasdaq's stock price followed an announcement by Nasdaq and Borse Dubai regarding a secondary offering of Nasdaq's common stock.
Borse Dubai, a U.A.E.-based exchange operator, is selling just under 27 million shares of Nasdaq's stock, with underwriters having the option to purchase an additional 4 million-plus shares.
Nasdaq clarified that it would not receive any proceeds from the sale, as it is not the selling party.
Once the offering is completed, Borse Dubai will hold approximately 10.8% of Nasdaq's common stock, which will decrease to around 10.1% if the underwriters exercise their option in full.
Borse Dubai has also agreed to an 18-month lockup period for its remaining Nasdaq shares and will have the right to designate a nominee for Nasdaq's board of directors as long as its holding remains above 10%.
In a joint press release, Borse Dubai stated that it is selling the stock to enhance its capital structure and boost liquidity, emphasizing its long-term commitment to Nasdaq's success.