Nasdaq Inc. Stock Underperforms Wednesday When Compared To Competitors Despite Daily Gains
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Shares of Nasdaq Inc. (NDAQ) inched 0.92% higher to $67.13 Wednesday, on what proved to be an all-around favorable trading session for the stock market, with the S&P 500 Index rising 0.59% to 4,027.26 and the Dow Jones Industrial Average rising 0.28% to 34,194.06. This was the stock's fourth consecutive day of gains. Nasdaq Inc. closed $3.42 short of its 52-week high ($70.55), which the company achieved on December 29th.
The stock underperformed when compared to some of its competitors Wednesday, as Hong Kong Exchanges & Clearing Ltd. ADR rose 1.59% to $37.14, CME Group Inc. Cl A (CME) rose 1.00% to $176.00, and Deutsche Boerse AG ADR rose 1.98% to $18.05. Trading volume (1.2 M) remained 868,235 below its 50-day average volume of 2.0 M.
Data source: Dow Jones Market Data, FactSet. Data compiled November 23, 2022.
(END) Dow Jones Newswires
November 23, 2022 17:11 ET (22:11 GMT)
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