Mon, Apr 7, 6:30 AM, Zacks KCG Holdings (KCG) in Focus: Stock Tumbles 6.9% - Tale of the Tape The shares of KCG Holdings fell nearly 7% on the day. This continues the recent downtrend for KCG, as the stock is down over 16% since Mar 10. This slump shouldn’t be too much of a surprise to investors, as the Brokerage company has seen 2 negative revisions in the past few weeks and its current year earnings consensus has moved lower over the last 30 days.
KCG Holdings is a global financial services firm that provides access to the capital markets across multiple asset classes to a network of clients, including broker dealers, institutions and corporations. As of June 30 2013, Co.'s primary operating segments comprised the following: the Market Making segment, which principally consists of market making in global equities and listed domestic options; and the Global Execution Services segment, which offers access via its electronic agency-based platforms to markets and self-directed trading in equities, options, fixed income, foreign exchange and futures.
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