NASDAQ BGCP 2.92 +0.24 +8.96% Volume: 1 October 29, 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

NASDAQ

BGCP 2.92

Change: +0.24

Open: 2.66

Volume: 1

Close: 2.68

Oct 29, 2020 04:00 PM Quotes delayed at least 20 minutes.