CME Group stock slides 1.95% and underperforms rivals

9 articles · Updated · MarketWatch · May 8

Shares closed at $281.25 on Friday, marking a second straight loss as the S&P 500 rose 0.84% to 7,398.93 and the Dow added 0.02%.
CME lagged peers as Intercontinental Exchange fell 0.19% to $155.82, Nasdaq slipped 0.10% to $88.91 and Cboe Global Markets climbed 2.93% to $348.56.
The stock finished 14.56% below its 52-week high of $329.16 reached on 3 March, while trading volume of 2.3 million was slightly below its 50-day average.

Record profits, yet a falling stock. Is CME a stable giant or a legacy player losing the tech race to nimbler rivals?

As rivals push 24/7 trading, can CME's new crypto products prevent it from being outmaneuvered in the digital asset space?