Nasdaq Inc. Stock Underperforms Wednesday When Compared To Competitors
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Shares of Nasdaq Inc. (NDAQ) dropped 0.86% to $60.03 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average rising 0.01% to 31,839.11 and the S&P 500 Index falling 0.74% to 3,830.60. The stock's fall snapped a four-day winning streak. Nasdaq Inc. closed $11.62 below its 52-week high ($71.65), which the company achieved on November 5th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Hong Kong Exchanges & Clearing Ltd. ADR rose 5.48% to $30.23, CME Group Inc. Cl A (CME) fell 2.20% to $171.93, and Deutsche Boerse AG ADR rose 2.60% to $16.58. Trading volume (2.4 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled October 26, 2022.
(END) Dow Jones Newswires
October 26, 2022 17:11 ET (21:11 GMT)
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