MarketAxess Holdings Inc. has shown a varied performance with shares both rising and underperforming the market on separate instances. The capital market stock was observed to underperform compared to others in its sector.
JPMorgan Chase & Co. lowered its holdings in the company while
Artisan Small Cap Fund and
Franklin Resources Inc. added the MKTX stock to their portfolios. The company reportedly hosted a conference call announcing its Q3 2024 financial results. A strategic
fixed-income data partnership was announced with S&P Global Market Intelligence. MKTX disclosed
strong revenue growth in their Q3 2024 earnings report. Shareholders have, however, endured a 42% loss in the stock three years ago but have seen decent returns of 37% over the past year. The company’s AI-powered pricing has been expanded to 930,000 municipal bonds, showcasing significant tech advancement. MarketAxess expanded its partnership with BlackRock, aiming to increase connectivity and efficiency in global credit markets. Nonetheless, over the past three years, shareholders are in the red, particularly following an insider sale by executive chairman worth $13.5 million.
Marketaxess Holdings MKTX News Analytics from Thu, 17 Mar 2022 07:00:00 GMT to Fri, 03 Jan 2025 22:26:00 GMT -
Rating 4
- Innovation 5
- Information 6
- Rumor -3
