Market Movers

Cboe Global Markets, Inc.’s stock price soars to $212.84, marking a robust 3.62% increase

By September 4, 2024 No Comments

Cboe Global Markets, Inc. (CBOE)

212.84 USD +7.44 (+3.62%) Volume: 1.01M

With a current stock price of 212.84 USD, Cboe Global Markets, Inc.’s stock price has shown a promising performance with a trading session increase of +3.62% and a significant YTD growth of +19.20%. A robust trading volume of 1.01M further underlines the strong market interest in CBOE.


Latest developments on Cboe Global Markets, Inc.

Cboe Global Markets has been making strategic moves in the market recently, acquiring a minority stake in Japannext Securities from SBI Holdings and securing support for the launch of Cboe BIDS VWAP-X service in Europe. These developments come amidst a backdrop of increased competition, with CME Group being downgraded due to pressure from BGC Group and Intercontinental Exchange. Despite this, Cboe Global Markets has seen a 17% rally year-to-date, prompting analysts to question if the stock can sustain its bullish momentum. With the upcoming launch of BIDS VWAP-X service receiving sell-side support, investors are keeping a close eye on Cboe Global Markets‘ stock price movements.


A look at Cboe Global Markets, Inc. Smart Scores

FactorScoreMagnitude
Value2
Dividend2
Growth5
Resilience3
Momentum5
OVERALL SMART SCORE3.4

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

The Smartkarma Smart Scores provide a snapshot of the long-term outlook for Cboe Global Markets, indicating positive prospects for the company. With high scores in Growth and Momentum, Cboe Global Markets is positioned for future expansion and market success. The company’s innovative approach and strong performance in these key areas bode well for its continued growth and profitability.

Cboe Global Markets‘ resilience score also suggests that the company is well-equipped to weather market fluctuations and economic challenges. While the Value and Dividend scores are not as high as Growth and Momentum, Cboe Global Markets‘ overall outlook remains favorable. Investors may find Cboe Global Markets to be a promising investment opportunity based on its Smartkarma Smart Scores and strong position in the marketplace.


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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