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Valued at a market cap of $22.6 billion, Cboe Global Markets, Inc. (CBOE) is a leading global exchange operator, offering a wide range of trading products across various asset classes, including options, equities, futures, foreign exchange, and digital assets. The Chicago, Illinois-based company is one of the largest stock exchange operators by volume in the United States and a dominant player in European markets.
The holding company's shares have underperformed the broader market over the past 52 weeks. CBOE has increased 20.3% over this time frame, while the broader S&P 500 Index ($SPX) has rallied 32.6%. In 2024, shares of CBOE are up 20.9%, compared to SPX’s 26.5% gain on a YTD basis.