Nasdaq Inc. Stock Underperforms Tuesday When Compared To Competitors
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Shares of Nasdaq Inc. (NDAQ) slid 1.89% to $64.79 Tuesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.87% to 3,991.73 and the Dow Jones Industrial Average rising 0.17% to 33,592.92. This was the stock's second consecutive day of losses. Nasdaq Inc. closed $6.43 below its 52-week high ($71.22), which the company reached on November 16th.
The stock underperformed when compared to some of its competitors Tuesday, as Hong Kong Exchanges & Clearing Ltd. ADR rose 6.48% to $39.83, CME Group Inc. Cl A (CME) fell 0.06% to $173.79, and Deutsche Boerse AG ADR rose 1.92% to $16.97. Trading volume (2.4 M) eclipsed its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 15, 2022.
(END) Dow Jones Newswires
November 15, 2022 17:11 ET (22:11 GMT)
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