Shares of MarketAxess Holdings Inc. MKTX shed 0.28% to $518.46 Tuesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 1.62% to 3,635.41 and the Dow Jones Industrial Average DJIA rising 1.54% to 30,046.24. This was the stock's second consecutive day of losses. MarketAxess Holdings Inc. closed $87.99 short of its 52-week high ($606.45), which the company reached on November 9th.
The stock underperformed when compared to some of its competitors Tuesday, as CME Group Inc. Cl A CME rose 2.61% to $173.18, Intercontinental Exchange Inc. ICE rose 0.69% to $103.07, and Nasdaq Inc. NDAQ rose 1.00% to $127.27. Trading volume (311,867) eclipsed its 50-day average volume of 234,083.