Shares of MarketAxess Holdings Inc. MKTX slipped 1.99% to $557.76 Tuesday, on what proved to be an all-around dismal trading session for the stock market, with the S&P 500 Index SPX falling 0.11% to 3,911.23 and Dow Jones Industrial Average DJIA falling 0.03% to 31,375.83. This was the stock's second consecutive day of losses. MarketAxess Holdings Inc. closed $48.69 below 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 rose 0.12% to $191.97, Intercontinental Exchange Inc. ICE fell 0.18% to $113.26, and Nasdaq Inc. NDAQ rose 0.48% to $143.13. Trading volume (201,880) remained 101,500 below its 50-day average volume of 303,380.