1 Super Stock Down 93% to Buy Before the Fed Cuts Interest Rates [Yahoo! Finance]
CME Group Inc. - Class A (CME)
Last cme group inc. - class a earnings: 4/29 07:00 am
Check Earnings Report
US:NASDAQ Investor Relations:
investor.cmegroup.com
Company Research
Source: Yahoo! Finance
Federal Reserve's target of 2%. To bring it down, the Fed aggressively hiked the federal funds rate from a historic low of 0.25% all the way to 5.50%. The housing market has been a big casualty of that policy shift. Rising interest rates can reduce the borrowing capacity of the average homebuyer, which often leads to fewer sales. In fact, U.S. existing home sales came in at an annualized rate of 4.1 million units in May, which is 38% below the 2021 peak of 6.6 million units, when interest rates were sitting at record lows. Real estate technology company Redfin (NASDAQ: RDFN) operates one of the largest brokerages in America, covering 98% of the entire geographic market. Unsurprisingly, its business cratered in the wake of soaring interest rates and slowing home sales, sending its stock down by 93% from its all-time high. But Wall Street is forecasting two interest rate cuts from the Fed by the end of 2024, which could be the spark Redfin shares need to stage a recovery. Here's w
Show less
Read more
Impact Snapshot
Event Time:
CME
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
---|---|---|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
Last Price | ||
VWAP | ||
High:
|
Max Up |
High:
|
Low:
|
Max Down |
Low:
|
%
|
Post news range |
%
|
|
Price change |
|
|
Price Change Percentage |
|
|
S&P 500 (SPX) |
|
%
|
Volume ratio |
%
|
Volume | ||
Ticks | ||
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
CME alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
CME alerts
High impacting CME Group Inc. - Class A news events
Weekly update
A roundup of the hottest topics
CME
News
- Silver price today: Silver is down 0.66% today [USA TODAY]USA TODAY
- Crude oil prices today: WTI is trading at $67.30 [USA TODAY]USA TODAY
- Nasdaq, ICE get Outperform ratings at RBC in new exchange coverage Sep. 27, 2024 10:45 AM ET By: Liz Kiesche , SA News Editor [Seeking Alpha]Seeking Alpha
- Bitcoin price today: BTC is up 1.63% today, trading at $65,447.01 [USA TODAY]USA TODAY
- CME Group Inc. (NASDAQ: CME) is now covered by analysts at Royal Bank of Canada. They set a "sector perform" rating and a $235.00 price target on the stock.MarketBeat
CME
Earnings
- 7/24/24 - Beat
CME
Sec Filings
- 9/27/24 - Form 4
- 9/18/24 - Form 4/A
- 9/17/24 - Form 4
- CME's page on the SEC website