Nasdaq Inc. Stock Outperforms Competitors On Strong Trading Day
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Shares of Nasdaq Inc. (NDAQ) inched 0.88% higher to $65.36 Wednesday, on what proved to be an all-around poor trading session for the stock market, with the S&P 500 Index falling 0.83% to 3,958.79 and Dow Jones Industrial Average falling 0.12% to 33,553.83. The stock's rise snapped a two-day losing streak. Nasdaq Inc. closed $5.73 short of its 52-week high ($71.09), which the company reached on November 17th.
The stock demonstrated a mixed performance when compared to some of its competitors Wednesday, as Hong Kong Exchanges & Clearing Ltd. ADR fell 3.78% to $38.32, CME Group Inc. Cl A (CME) rose 0.63% to $174.89, and Deutsche Boerse AG ADR rose 3.59% to $17.58. Trading volume (1.3 M) remained 713,537 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 16, 2022.
(END) Dow Jones Newswires
November 16, 2022 17:11 ET (22:11 GMT)
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