CME Tests Recent High

By

Gary Morrow

 | Feb 19, 2013 | 2:01 PM EST

CME Group (CME) has rebounded nicely from its Feb. 6 flush. The stock was hit hard on very heavy trade the day after an in-line fourth-quarter report. Shares slipped more than 4% after a deep gap-lower open. This reversal appeared to end an impressive 2013 rally that had lifted CME more than 15%. The day before its fourth-quarter report, the stock closed at its best level in five months.

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