Shares of MarketAxess Holdings Inc. MKTX rallied 4.16% to $579.07 Monday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index SPX rising 2.38% to 3,901.82 and the Dow Jones Industrial Average DJIA rising 1.95% to 31,535.51. This was the stock's third consecutive day of gains. MarketAxess Holdings Inc. closed $27.38 short of its 52-week high ($606.45), which the company reached on November 9th.
The stock demonstrated a mixed performance when compared to some of its competitors Monday, as CME Group Inc. Cl A CME rose 5.01% to $209.70, Intercontinental Exchange Inc. ICE rose 3.11% to $113.74, and Nasdaq Inc. NDAQ rose 2.59% to $141.87. Trading volume (241,942) remained 27,320 below its 50-day average volume of 269,262.