Shares of MarketAxess Holdings Inc. MKTX slid 2.81% to $563.81 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 0.10% to 3,830.17 and the Dow Jones Industrial Average DJIA rising 0.12% to 30,723.60. The stock's fall snapped a six-day winning streak. MarketAxess Holdings Inc. closed $42.64 short of 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 fell 0.01% to $191.99, Intercontinental Exchange Inc. ICE fell 1.27% to $115.30, and Nasdaq Inc. NDAQ fell 0.32% to $142.16. Trading volume (265,426) remained 53,074 below its 50-day average volume of 318,500.