IBKR Stock Touches All-Time High: Wait for the Dip or Buy Right Away?
IBG, Inc.(IBKR) ZACKS·2024-09-25 22:25
Interactive Brokers Group (IBKR) stock has been rallying since the Federal Reserve announced a jumbo 50 basis point cut in interest rates on Sept. 18. During yesterday’s trading session, the company’s shares hit an all-time high of $136.56 and closed a tad lower at $136.11, skyrocketing 64.2% year to date.This impressive rise has significantly outpaced the 17% rally of the industry it belongs to and the 19.9% growth of the Zacks S&P 500 composite.When compared with its close peers in the brokerage space, IB ...