Hughes Eyes NASDAQ Listing
As read on www.skyreport.com
Hughes Communications, best known for its HughesNet (formerly DirecWAY) satellite broadband service, applied to list its common stock on the NASDAQ Global Market.
Hughes' common stock has been quoted on the over-the-counter market since it became a publicly traded company in February. Until commencement of trading on NASDAQ, Hughes' common stock will continue to be traded on the OTC Bulletin Board under the symbol "HGCM."
Listing applications are subject to review and approval by NASDAQ's Listing Qualifications Department for compliance with all NASDAQ Global Market requirements, the company said.