On January 28, 2014, Insmed Incorporated (the “Company”) received notice from the NASDAQ Listing Qualifications Department that it had approved the Company’s application to upgrade the listing of its securities from the NASDAQ Capital Market to the NASDAQ Global Select Market, effective with the opening of business on February 3, 2014. The NASDAQ Global Select Market is a segment of the NASDAQ Global Market for public companies that meet the highest listing standards of the NASDAQ, with measures including market value, liquidity and earnings. The Company’s stock will continue to trade under the “INSM” ticker symbol after the move.
This is great! Puzzling why they didn't or haven't yet put out a boastful Press Release for this achievement! Very quiet period for the Company. Seems like a no-brainer to PR this news considering they learned of approval on the 28th.