CMC Markets' stock drops 8.5% despite meeting financial targets, as analysts seek more positive updates.
CMC Markets' stock fell despite the company confirming it will meet its financial targets for the quarter. Analysts were expecting more positive news, such as updates on the company's partnership with Revolut. The shares dropped 8.5% to 242.50p, even as the company reported it would achieve its annual net operating income and cost guidance. Meanwhile, IG Group reported a 30% increase in adjusted pre-tax profits, benefiting from higher trading revenue.
2 months ago
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