Shares of MarketAxess Holdings Inc. MKTX shed 1.51% to $514.09 Tuesday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 0.48% to 3,609.53 and Dow Jones Industrial Average DJIA falling 0.56% to 29,783.35. This was the stock's fourth consecutive day of losses. MarketAxess Holdings Inc. closed $92.36 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 Tuesday, as CME Group Inc. Cl A CME fell 0.41% to $168.07, Intercontinental Exchange Inc. ICE rose 0.32% to $100.03, and Nasdaq Inc. NDAQ fell 0.96% to $124.33. Trading volume (250,005) eclipsed its 50-day average volume of 224,207.