DataLend: Securities Lending Revenue Down 16% Year-Over-Year to $2.53 Billion in Q2 2024 [Yahoo! Finance]
Lucid Group, Inc. (LCID)
Company Research
Source: Yahoo! Finance
NEW YORK July 2, 2024 /CNW/ -- The global securities finance industry generated $2.53 billion in revenue for lenders in the second quarter of 2024, according to DataLend, the market data service of fintech EquiLend. The figure represents a 16% decrease from the $3.00 billion generated in Q2 2023. Global broker-to-broker activity, where broker-dealers lend and borrow securities from each other, generated an additional $696 million in revenue during Q2, a 9% decrease year-over-year. Regionally, equity revenue fell 33% in EMEA and 19% in North America compared to the same period last year. A 22% decline in fees in North America and a 23% dip in EMEA accounted for the majority of the decreased revenue. Equity revenue in APAC increased 8% thanks to a 13% increase in fees. Global fixed income performance declined by 11% in Q2 year-over-year. While revenue from government securities was roughly flat, corporate debt revenue fell by 32%, a regression of a trend which saw corporate bonds
Show less
Read more
Impact Snapshot
Event Time:
LCID
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
LCID 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
LCID alerts
High impacting Lucid Group, Inc. news events
Weekly update
A roundup of the hottest topics
LCID
News
- Lucid Group, Inc. (NASDAQ: LCID) had its "underweight" rating re-affirmed by analysts at Cantor Fitzgerald. They now have a $4.00 price target on the stock.MarketBeat
- Lucid Group, Inc and Gravity, Inc. Reach Agreement Regarding Trademark Dispute [Yahoo! Finance]Yahoo! Finance
- Lucid Group, Inc and Gravity, Inc. Reach Agreement Regarding Trademark DisputePR Newswire
- Lucid Appoints Nick Twork as Head of Global Communications [Yahoo! Finance]Yahoo! Finance
- Lucid Appoints Nick Twork as Head of Global CommunicationsPR Newswire
LCID
Earnings
- 5/6/24 - Miss
LCID
Sec Filings
- 6/7/24 - Form 4
- 6/7/24 - Form 4
- 6/7/24 - Form 4
- LCID's page on the SEC website