Five Russia-affiliated internet companies are to be formally delisted from U.S. stock exchanges, a year after trading was halted in the wake of Russia’s invasion of Ukraine.
The most prominent of the quintet is Yandex, a 25-year-old tech company often called “The Google of Russia,” owing to its products spanning search, e-commerce, advertising, maps, transportation, and more.
Yandex first went public on Nasdaq in May, 2011, via a parent holding company called Yandex N.V. that’s registered in the Netherlands. This was followed by a secondary listing on the Moscow Exchang
Yandex and 4 other Russian tech firms to be delisted from Nasdaq and NYSE
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