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StockStory.org on MSN10d
BGC (BGC) Stock Trades Up, Here Is Why
What Happened? Shares of financial brokerage and technology company BGC Group (NASDAQ:BGC) jumped 3% in the afternoon session ...
BGC expects to see continued growth and strong demand for its higher-margin, technology-driven business, Fenics, which generated more than $550 million in revenue over the last 12 months.
BGC's Insurance Brokerage business contributed approximately $191 million4 in revenue during the twelve-month period ending March 31, 2021.
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