NASDAQ BGCP 2.94 +0.13 +4.45% Volume: 2,358,610 July 15, 2020

BGC spun-off its former subsidiary Newmark Group, Inc. (NASDAQ: NMRK) (“Newmark”). Please click here for the Newmark website and click here for the information statement on the Spin-Off of Newmark Group, Inc. by BGC Partners, Inc. through the Distribution of Newmark Group, Inc. Common Stock. The Spin-Off is intended to qualify as generally tax free to BGC stockholders for U.S. federal income tax purposes. Stockholders of BGC Partners Class A common stock received 0.463895 of a share of Newmark Class A common stock in the Distribution for every one share of BGC Partners Class A common stock held. Click here for IRS Form 8937: Distribution of NMRK Shares


BGCP 2.94

Change: +0.13

Open: 2.86

Volume: 2,358,610

Close: 2.81

Jul 15, 2020 02:19 PM Quotes delayed at least 20 minutes.