Shares of MarketAxess Holdings Inc. MKTX slipped 1.07% to $540.78 Wednesday, on what proved to be an all-around positive trading session for the stock market, with the S&P 500 Index SPX rising 0.18% to 3,669.01 and the Dow Jones Industrial Average DJIA rising 0.20% to 29,883.79. The stock's fall snapped a three-day winning streak. MarketAxess Holdings Inc. closed $65.67 below its 52-week high ($606.45), which the company achieved on November 9th.
The stock underperformed when compared to some of its competitors Wednesday, as CME Group Inc. Cl A CME rose 1.52% to $181.88, Intercontinental Exchange Inc. ICE fell 0.56% to $106.56, and Nasdaq Inc. NDAQ fell 0.42% to $129.36. Trading volume (370,690) eclipsed its 50-day average volume of 234,553.