MarketAxess Declines 20.4% in 3 Months: Hold, Sell or Buy the Dip?

Shares of MarketAxess Holdings Inc. (MKTX) have lost 20.4% in the past three months, underperforming the industry’s decline of 3%. While CME Group Inc. (CME) has gained 2.5%, Cboe Global Markets, Inc. (CBOE) has declined 7.4% in the same time frame.In contrast, the S&P 500 index has experienced a rise of 3% over the same period, highlighting the stark divergence in performance. The stock is currently trading below its 50-day and 200-day moving averages, signaling downward momentum.MKTX's 3-Month Price Perfo ...