Jul. 8 at 11:21 PM
$BGC With the Iran war seemingly back on to some degree and pulling the license for Iran to sell crude affecting oil prices and bond prices, one would think that would drive a lot of trading volume which would be bullish for BGC…and yet it dropped by quite a bit today.
Stock has not done well since they gave their quarterly update which was they were going to meet guidance. And, as guidance was decent year over year (but a decline quarter over quarter so perhaps seasonal), I guess all are waiting for 3Q guidance which should come when they report on July 30.