Interactive Brokers (IBKR) shares fell 1.95% to $73.29 as broader market weakness and reports of platform connectivity issues overshadowed management's growth and innovation presentation.
- Geopolitical instability in the Strait of Hormuz triggered widespread market declines, adding pressure to the stock during the session.
- Analysts at BMO Capital and Barclays recently raised price targets to $82.00 and $83.00, citing strong Q4 earnings and record account growth.