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Like new issues on the Nasdaq, college football teams can become "movers" in the polls.
The company's share price soared 2,600 percent last year, surpassing all other major issues on the Nasdaq.
Despite 485 initial public offerings in 1999, the number of companies with issues on the Nasdaq has fallen to 4,575 as of February from 5,161 in October 1998.
Advancing issues just edged out declining issues on the Nasdaq, though.
Declining issues also edged out advancing issues on the Nasdaq, but by a much narrower margin.
Breadth was strong on the New York Stock Exchange, although declining issues edged out advancing issues on the Nasdaq.
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S.E.C. officials have commented favorably on the Nasdaq proposal.
Marconi, a British phone equipment maker, said it planned to list its shares on the Nasdaq the week of Oct. 16.
The S.E.C. originally issued the Nasdaq proposal for public comment last December.
Declining issues also exceeded advancing issues on the Nasdaq Stock Market, but not by as wide a margin.
On a more positive note, advancing issues beat out declining issues on the Nasdaq Exchange, despite the losses in the large-cap tech stocks.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com