Cboe stock jumps after unveiling headcount cut, trimming opex guidance (CBOE:BATS)

Cboe Global Markets (CBOE) stock rose over 5% in premarket trading after the company announced a 20% workforce reduction and lowered its operating expense guidance for the year. This move is expected to improve profitability and contribute to the company’s raised organic net revenue growth outlook for 2026. The announcement follows a strong Q1, where Cboe exceeded analyst estimates for adjusted EPS and net revenue.

CBOE1.02%
IN-5.25%
MOVE-6.18%
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