Group 1 - Cboe Global Markets reported better-than-expected fourth-quarter results, with adjusted earnings increasing by 46% to $3.06 per share and net revenue rising by 28% to $671.1 million [1] - Analysts had anticipated earnings of $2.94 per share on revenue of $659.5 million, indicating that Cboe outperformed market expectations [1] - The company experienced record trading volumes in index and options, contributing to its strong financial performance [1] Group 2 - Cboe Global Markets' stock showed improved price performance, earning an upgrade to its IBD Relative Strength Rating [1] - The company's Relative Strength Rating rose to 74, reflecting its positive market position [1] - Cboe is attempting to close in on key technical measures, indicating a focus on enhancing its market standing [1]
Record Trading Boosts This Financial Firm As Prediction Markets Tempt Exchanges