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CME Group's Futures Franchise Is Under Assault. Sell the Stock, Says BofA.

By MarketWatch   |   Sep 4, 2024 at 07:57 AM EST
CME Group's Futures Franchise Is Under Assault. Sell the Stock, Says BofA.

Following a surge in futures trading volumes at CME Group due to market volatility, BofA Securities analyst suggests selling CME shares. The stock price is expected to drop by nearly 20% from $215 to $177.

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