icon
0%

Marketaxess Holdings MKTX - News Analyzed: 6,501 - Last Week: 100 - Last Month: 500

↝ Mixed Market Performance With Ups And Downs In Q1 For MarketAxess Holdings MKTX

Mixed Market Performance With Ups And Downs In Q1 For MarketAxess Holdings MKTX
MarketAxess Holdings Inc., an electronic trading platform for fixed-income securities and provider of market data and post-trade services specialist, has recently experienced multiple contrasts in its market performance. The buying and selling of its shares have been active, with a noticeable sale by Castle Hook Partners LP and purchases by significant entities such as Crestline Management LP, Northern Trust Corp and First Trust Advisors LP. MarketAxess outperformed estimates regarding Q1 earnings, and despite a 78% EPS miss, it demonstrated strength in emerging markets. Its overall Q1 results were mixed, with $208.6 million in revenue slightly below expectations. Spencer Lee has been appointed as Head of Client Products, Americas, and the company announced impressive trading volumes for April 2025. Institutions like Morgan Stanley, Citigroup and KBW have raised their price targets for MarketAxess, indicating a positive outlook. However, the company's share price experienced a dip, recording a new 12-month low. The mixed market performance has sparked diverse views among analysts, advising investors to keep a close watch.

Marketaxess Holdings MKTX News Analytics from Thu, 31 Oct 2024 07:00:00 GMT to Sat, 10 May 2025 20:13:59 GMT - Rating 0 - Innovation 2 - Information 7 - Rumor -2

The email address you have entered is invalid.