Bgc Partners Cl A (BGCP) is trading 13% higher at $3.56 today. The stock's price action is rapidly surpassing it's peers on what is quickly becoming a mildly upbeat day for the Financials sector. The market is undergoing a significant macro move (2.16%) which could be a factor in the stock's movement.
The company recently updated its outlook for the third quarter of 2022
Bgc Partners Cl A has been trading between a 52-week high of $5.58 and a 52-week low of $2.99. The stock has a market cap of $1.17 Billion.
BGC Partners is a leading global brokerage and financial technology company. BGC specializes in the brokerage of a broad range of products, including fixed income (rates and credit), foreign exchange, equities, energy and commodities, shipping, insurance, and futures. BGC also provides a wide variety of services, including trade execution, brokerage, clearing, trade compression, post-trade, information, and other back-office services to a broad range of financial and non-financial institutions.
BGC Partners, Inc.: BGC Partners Updates its Outlook for the Third Quarter of 2022
Finanz Nachrichten 09-29-22
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