Short-term Underperformance Detected in Shares of Investment Technology Group in the Investment Banking & Brokerage Industry (ITG, SF, LPLA, LAZ, JEF)

Analysis was conducted on the Investment Banking & Brokerage industry to measure relative performance to find stocks that have underperformed. Relative underperformance is a possible bearish sign of underlying fundamental and technical weakness should it continue for an extended period of time. We looked at yesterday's price action of all companies in this peer group and measured their performance against one another.

Investment Technology Group (NYSE:ITG) ranks first trading unchanged; Stifel Financial (NYSE:SF) ranks second with a gain of 0.06%; and LPL Investment Holdings (NASDAQ:LPLA) ranks third with a gain of 0.14%.

Lazard (NYSE:LAZ) follows with a gain of 0.20% and Jefferies Group (NYSE:JEF) rounds out the bottom five with a gain of 0.81%.

Investment Technology Group, Inc. offers securities trading services. The Company offers pre-trade analysis, trade execution, and post-trade evaluation services.

By Adrienne Chilton
achilton@fnno.com

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