Tradeweb Stock Has Dropped 16% Since Meeting Earnings Estimates: What Gives?
The current market environment has been a tricky one for investors. Stocks that are growing year over year and meeting earnings estimates are getting beaten down regardless of how well the business is doing. One such stock is Tradeweb Markets (NASDAQ: TW).
The trading platform for the big players on Wall Street saw solid earnings growth from last year and met analysts' expectations in its first-quarter earnings report. Despite this, the stock has dropped 16% since announcing its earnings on April 28.
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Source Fool.com
