Why Marex Group Stock Was a Major Winner on Wednesday

Marex Group (NASDAQ: MRX), a somewhat under-the-radar finance sector company that specializes in providing services to brokerages, had a fine Wednesday on the stock market. That morning, the company disseminated some preliminary figures for its third quarter that investors found very appealing. As a result, its shares rose by nearly 12% across the day, comparing most favorably to the 0.6% bump higher posted by the S&P 500 (SNPINDEX: ^GSPC).That morning, Marex published estimated metrics for its third quarter, which ended Sept. 30. The company said that revenue likely landed at $475 million to $485 million. Even hitting the low end of that range would mean considerable growth, as the actual figure from the same quarter in 2024 was $391 million. Continue readingWeiter zum vollständigen Artikel bei MotleyFool Weiter zum vollständigen Artikel bei MotleyFool