Cboe Global Markets Inc. ($CBOE) Stock Forecast: Up 5.0% Today

What is Cboe Global Markets Inc.?

Cboe Global Markets, Inc. (CBOE) is a financial services company known for its options exchange market and trading solutions. Today, the stock experienced a strong bullish movement.

Why is Cboe Global Markets Inc. going up?

CBOE stock is up 5.0% on Aug 2, 2024 16:47

• An increase in revenues and adjusted earnings was reported by Cboe Global Markets for the second quarter of 2024, surpassing estimates and showing year-over-year improvement.
• The growth in market data, access and capacity fees, as well as improved EBITDA margins contributed to the positive earnings results.
• Despite an insider sale by EVP and Global President Dave Howson, the overall market sentiment was bullish, driven by the strong Q2 earnings performance and positive outlook for the company.
• Investors likely reacted positively to the company's ability to maintain solid proprietary products, higher trading volumes, and growth in recurring non-transaction revenues, signaling a promising future for Cboe Global Markets.

CBOE Price Chart

CBOE News

Earnings Summary: Highlights of Cboe Global’s (CBOE) Q2 2024 results

Financial services company Cboe Global Markets, Inc. (CBOE: CBOE) on Friday announced an increase in revenues and adjusted earnings for the June quarter. Q2 earnings were $1.33, down 15% from […] The post Earnings Summary: Highlights of Cboe Global’s (CBOE) Q2 2024 results first appeared on AlphaStreet .

https://news.alphastreet.com/earnings-summary-highlights-of-cboe-globals-cboe-q2-2024-results/

Cboe Global ( CBOE ) Q2 Earnings Surpass Estimates, Improve Y/Y

Cboe Global's (CBOE) Q2 results reflect higher index options trading volumes, growth in market data and access and capacity fees, as well as improved EBITDA margins.

https://www.zacks.com/stock/news/2315401/cboe-global-cboe-q2-earnings-surpass-estimates-improve-yy

Cboe Global Markets, Inc.: Cboe Global Markets Reports Results for Second Quarter 2024

Second Quarter Highlights* Diluted EPS for the Quarter of $1.33, Down 15 percent, primarily due to the impairment of intangible assets recognized in the Digital reporting unitAdjusted Diluted EPS¹…

https://www.finanznachrichten.de/nachrichten-2024-08/62895938-cboe-global-markets-inc-cboe-global-markets-reports-results-for-second-quarter-2024-008.htm

Will Cboe Global's ( CBOE ) Beat Streak Continue in Q2 Earnings?

Cboe Global's (CBOE) Q2 results are likely to reflect higher volumes, growth in recurring non-transaction revenues, higher physical port fees and logical port fees and solid proprietary products.

https://www.zacks.com/stock/news/2312084/will-cboe-globals-cboe-beat-streak-continue-in-q2-earnings

Insider Sale at Cboe Global Markets Inc (CBOE): EVP, Global President Dave Howson Sells Shares

Insider Sale at Cboe Global Markets Inc (CBOE): EVP, Global President Dave Howson Sells Shares

https://www.gurufocus.com/news/2484959/insider-sale-at-cboe-global-markets-inc-cboe-evp-global-president-dave-howson-sells-shares

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Cboe Global Markets Inc. Price History

20.08.2023 - CBOE Stock was up 5.1%

• CBOE appointed Fredric Tomczyk as CEO, replacing Edward T. Tilly who resigned after failing to disclose personal relationships with colleagues.
• The market reacted positively to the leadership transition, as Tomczyk brings his experience as the former CEO of TD Ameritrade.
• The bullish movement may also be influenced by the surge in the CBOE Volatility Index (VIX), indicating increased option volatility in the S&P 500 index.

21.01.2024 - CBOE Stock was up 0.2%

• CBOE stock showed significant bullish movement today.
• Strong financial results reported for Q4 and full year 2023 likely increased investor confidence due to record revenue and earnings.
• Investors may have been encouraged by the strategic outlook for 2024, which focuses on growth and operational efficiency.
• The launch of new quoted ETFs by iShares from BlackRock on Cboe Australia might have also played a part in boosting the positive sentiment around CBOE stock, highlighting the company's global expansion and partnerships.

30.05.2023 - CBOE Stock was up 2.5%

• CBOE's plans to expand its corporate bond index offering with new options on futures and extended trading hours indicate a positive outlook for the company.
• The extended trading hours for IBHY and IBIG futures can attract more traders and increase liquidity in the market, potentially driving up the stock price.
• The expansion of CBOE's product offerings in the $10.4 trillion U.S. corporate bond market reflects the company's commitment to diversification and growth.
• Overall, the bullish movement in CBOE's stock can be attributed to the positive market sentiment surrounding its expansion plans and potential for increased trading activity.

17.06.2024 - CBOE Stock was up 2.0%

• The bullish movement in CBOE stock could be attributed to the positive sentiment generated by an interview with Rob Marrocco, the VP and Global Head of ETF Listings, highlighting the potential of Defined Outcome ETFs.
• The interview might have instilled confidence in investors regarding CBOE's future prospects in the ETF market, leading to increased buying activity and driving the stock price higher.
• Investors may view CBOE as well-positioned to capitalize on the growing popularity of Defined Outcome ETFs, which could have fueled optimism and buying interest in the stock.

02.07.2024 - CBOE Stock was up 5.0%

• An increase in revenues and adjusted earnings was reported by Cboe Global Markets for the second quarter of 2024, surpassing estimates and showing year-over-year improvement.
• The growth in market data, access and capacity fees, as well as improved EBITDA margins contributed to the positive earnings results.
• Despite an insider sale by EVP and Global President Dave Howson, the overall market sentiment was bullish, driven by the strong Q2 earnings performance and positive outlook for the company.
• Investors likely reacted positively to the company's ability to maintain solid proprietary products, higher trading volumes, and growth in recurring non-transaction revenues, signaling a promising future for Cboe Global Markets.