Shares of Nasdaq Inc. NDAQ slid 2.71% to $172.37 Friday, on what proved to be an all-around grim trading session for the stock market, with the S&P 500 Index SPX falling 1.90% to 4,418.64 and Dow Jones Industrial Average DJIA falling 1.43% to 34,738.06. This was the stock’s second consecutive day of losses. Nasdaq Inc. closed $42.59 below its 52-week high ($214.96), which the company reached on November 5th.
The stock underperformed when compared to some of its competitors Friday, as Hong Kong Exchanges & Clearing Ltd. ADR HKXCY fell 2.43% to $56.13, CME Group Inc. Cl A CME fell 1.24% to $241.03, and Deutsche Boerse AG ADR DBOEY fell 0.61% to $17.70. Trading volume (1.0 M) eclipsed its 50-day average volume of 929,555.