Cboe Global Markets, Inc. (CBOE)
215.13 USD +6.63 (+3.18%) Volume: 1.06M
Cboe Global Markets, Inc.’s stock price stands robustly at 215.13 USD, illustrating a positive trading session with a percentage change of +3.18%. With a trading volume of 1.06M and a year-to-date percentage change of +10.10%, CBOE’s stock performance shows promising growth and market resilience.
Latest developments on Cboe Global Markets, Inc.
Recent movements in Cboe Global Markets stock price can be attributed to key events such as the departure of their ETP listings head for the Texas Stock Exchange, leading to a surge in acquisitions and sales of Cboe shares by various investment management firms. The Texas Stock Exchange has been actively recruiting executives from Nasdaq and Cboe to drive their expansion into the ETP market, causing a stir in the trading business. With companies like Candriam S.C.A and Bank Julius Baer & Co. Ltd Zurich boosting their holdings in Cboe, the stock price has seen fluctuations as more investors take positions in the company. This strategic move by the Texas Stock Exchange, along with the influx of top ETF executives from Cboe and Nasdaq, has created a bullish case theory for Cboe Global Markets, Inc.
A look at Cboe Global Markets, Inc. Smart Scores
| Factor | Score | Magnitude |
|---|---|---|
| Value | 2 | |
| Dividend | 2 | |
| Growth | 4 | |
| Resilience | 4 | |
| Momentum | 5 | |
| OVERALL SMART SCORE | 3.4 |
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
Looking at the long-term outlook for Cboe Global Markets, the company is showing strong potential for growth and resilience. With a Smart Score of 4 for Growth and Resilience, Cboe Global Markets is positioned well to expand its market presence and adapt to changing market conditions. Additionally, the company’s Momentum score of 5 indicates positive market momentum, which could further boost its performance in the future.
While Cboe Global Markets may not score as high in Value and Dividend, with scores of 2 for both factors, its overall outlook remains positive. The company’s focus on innovation and adaptability, as seen in its suite of products and hybrid trading model, sets it apart in the marketplace. Investors looking for a company with growth potential and market momentum may find Cboe Global Markets to be a promising investment option.
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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