CME Group's Fair Value Estimated at 6% Higher than Current Price by Trefis
While CME Group's stock has remained relatively stable this year, with only a 30% increase since January, its competitor Intercontinental Exchange has seen a 25% increase year-to-date. CME Group's stock returns have been inconsistent, with a 29% increase in 2021, a -23% decrease in 2022, and a 31% increase in 2023. However, in the second quarter of FY 2024, CME Group exceeded expectations with record high revenues of $1.53 billion, driven by a rise in clearing and transaction fees. The company's top line grew 8% year-over-year to $3.02 billion in the first half of FY 2024, and is projected to reach $5.97 billion in FY2024. The provided code appears to be related to displaying video content on a website, including loading a video player script, creating a unique ID for a specific element, fetching resources, and rendering a video playlist.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
New York man to pay $36 million for forex and crypto fraud
Cryptocurrency Statement from Visa: “The Future Will Be Different”
Visa's cryptocurrency manager, Cuy Sheffield, spoke about the future of the industry in his statement. Here are the details.
Will Altcoin Season Begin? Analytics Company Gives Its Opinion
Is there a possibility of a rally on the altcoin side after the FED makes a big interest rate cut? The analysis company shared.
Michael Saylor’s Bitcoin Claim Dropped Like a Bomb: “According to Credible Rumors…”
MicroStrategy board chairman Michael Saylor touched on a Bitcoin claim in his statement.