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Cboe Global Markets, Inc.’s stock price dips to $191.61, marking a 1.13% decrease – a crucial insight for investors

By December 21, 2024 No Comments

Cboe Global Markets, Inc. (CBOE)

191.61 USD -2.19 (-1.13%) Volume: 1.99M

Cboe Global Markets, Inc.’s stock price currently stands at 191.61 USD, experiencing a slight decrease of -1.13% in today’s trading session, with a trading volume of 1.99M. Despite the daily fluctuation, CBOE’s year-to-date (YTD) performance remains positive with a rise of 7.31%, reflecting its resilience in the market.


Latest developments on Cboe Global Markets, Inc.

Cboe Global Markets (NASDAQ:CBOE) has seen a series of events leading up to today’s stock price movements. Keefe, Bruyette & Woods raised the price target for Cboe Global Markets to $220.00, reflecting confidence in the company’s performance. Additionally, Cboe Global Markets earned a composite rating upgrade, further boosting investor sentiment. Despite underperforming competitors on Thursday, the stock rebounded on a strong trading day, outperforming its peers. EVP Adam Inzirillo’s stock sale of $5,010 also caught attention. With Wall Street’s market forecasts for 2025 out, investors are advised to be cautious. Fireside Friday with Cboe’s Stephen Dorrian provided insights into the company’s strategies, while the recent ranking of Coinbase above Nasdaq and CBOE in exchange revenue highlights the competitive landscape in the market.


A look at Cboe Global Markets, Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience4
Momentum3
OVERALL SMART SCORE3.2

Smart Score is a compound score for the Company indicating its overall outlook. It is derived by taking an equally weighted average of underlying Factor scores computed by Smartkarma

Based on the Smartkarma Smart Scores, Cboe Global Markets shows a promising long-term outlook. With a strong score in Growth and Resilience, the company is positioned well for future success. The high Growth score indicates potential for expansion and development, while the Resilience score suggests the company’s ability to withstand challenges and market fluctuations. Although the Value and Dividend scores are lower, the overall positive outlook provided by the Smart Scores bodes well for Cboe Global Markets.

Cboe Global Markets, Inc. operates a marketplace for trading options on equity securities, showcasing its expertise in this area. With a hybrid trading model and a suite of products that includes options on individual equities, market indexes, and exchange-traded funds, the company has established itself as a key player in the industry. The Momentum score may not be as high as other factors, but Cboe Global Markets‘ overall profile indicates a solid foundation for continued growth and success in the market.


Disclaimer: This article by Smartkarma is general in nature and based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. Note that our articles may not factor in the latest price-sensitive company announcements or qualitative material.
While all reasonable care has been taken in the preparation, Smartkarma makes no assurance about the accuracy of any generated data or content. All content is indicative only and should be independently checked for accuracy and confirmed before use. Smartkarma accepts no responsibility for any loss or damage caused as a result of any inaccuracy or error within the Lab online tools or generated data.
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