Nasdaq tells Yandex, other Russian firms of plan to delist stocks

FILE PHOTO: The logo of Russian technology giant Yandex is on display at the company's headquarters in Moscow, Russia December 9, 2022. REUTERS/Evgenia Novozhenina

MOSCOW (Reuters) -The Nasdaq stock exchange has informed Russian Internet giant Yandex and e-commerce firm Ozon that their stocks will be delisted, the companies said on Wednesday, more than a year after trading in their securities was suspended.

Nasdaq suspended trading in the securities of a number of companies operating in Russia days after Moscow despatched tens of thousands of troops to Ukraine on Feb. 24, 2022.