On July 22, Cboe Global Markets, Inc. rose 5.11% in regular trading, trading at $288.83/share, with Turnover of $63.37 million. The exchange sector broadly strengthened, with peer CME Group rising 6.27% in the same session.
On the news front, U.S. exchanges entered the earnings release window this week, with market expectations that volatility-driven trading volumes would significantly boost results. The VIX index recently surged 10% in a single day amid a chipmaker selloff and escalating US-Iran tensions, sustaining a high-volatility environment favorable to exchange revenue. The company's June data showed multi-listed equity options average daily volume surging 40.5% year-over-year, SPX index options ADV rising 36.8%, and on-exchange U.S. equity ADV increasing 22.8% to 2.185 billion shares. Cboe Global Markets, Inc. is scheduled to report Q2 earnings on July 31, with consensus EPS estimated at $3.41.
(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)
Comments