DJ MarketAxess Holdings Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of MarketAxess Holdings Inc. (MKTX) shed 1.53% to $274.87 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 2.53% to 5,929.04 and the Dow Jones Industrial Average rising 3.57% to 43,729.93.
This was the stock's second consecutive day of losses.
MarketAxess Holdings Inc. closed $23.10 below its 52-week high ($297.97), which the company achieved on December 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Blackstone Inc. $(BX)$ rose 3.99% to $176.38, Morgan Stanley $(MS)$ rose 11.61% to $131.49, and Charles Schwab Corp. $(SCHW)$ rose 6.23% to $75.75.
Trading volume (867,768) eclipsed its 50-day average volume of 379,083.
Data source: Dow Jones Market Data, FactSet. Data compiled November 6, 2024.
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(END) Dow Jones Newswires
November 06, 2024 17:20 ET (22:20 GMT)
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