Shares of MarketAxess Holdings Inc. MKTX shed 2.32% to $551.58 Thursday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.13% to 3,668.10 and Dow Jones Industrial Average DJIA falling 0.23% to 29,999.26. This was the stock's third consecutive day of losses. MarketAxess Holdings Inc. closed $54.87 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 Thursday, as CME Group Inc. Cl A CME rose 0.05% to $182.48, Intercontinental Exchange Inc. ICE fell 0.84% to $109.24, and Nasdaq Inc. NDAQ fell 0.88% to $124.99. Trading volume (247,230) remained 12,460 below its 50-day average volume of 259,690.