- Virtu Financial (NASDAQ:VIRT) sinks 7.8% after quarter-to-date estimated results through August reflect lower-than-expected July average daily adjusted net trading income followed by even weaker performance in August.
- Virtu now estimates July 2020 average daily adjusted net trading income of $6.50M, down from the previously estimated range of $6.70M-$7.00M.
- Estimates August daily adjusted net trading income of $4.52M-$4.90M, reflecting overall declines in volumes and volatility benchmarks in the U.S. and Europe.
- See Virtu's one-day stock movement:
Virtu drops 7.8% as July trading income trails its previous estimate
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Symbol | Last Price | % Chg |
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VIRT | - | - |
Virtu Financial, Inc. |