Shares of MarketAxess Holdings Inc. MKTX rallied 1.49% to $543.69 Thursday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.44% to 3,913.97 and Dow Jones Industrial Average DJIA falling 0.38% to 31,493.34. The stock's rise snapped a two-day losing streak. MarketAxess Holdings Inc. closed $62.76 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 Thursday, as CME Group Inc. Cl A CME rose 1.49% to $193.99, Intercontinental Exchange Inc. ICE rose 0.96% to $113.86, and Nasdaq Inc. NDAQ rose 0.13% to $144.88. Trading volume (167,885) remained 118,989 below its 50-day average volume of 286,874.