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Mmastodon BusinessFinance first seen 2 d ago, last 2 d ago, peak #6

IG Group shares slump after revenue targets cut

Original: IG Group shares slump after revenue targets cut https://www.standard.co.uk/business/business-news/ig-group-shares-growth

Shares in IG Group, the London-listed trading platform, fell after the company cut its revenue growth targets. The downgrade surprised investors, sending the stock lower and prompting discussion among market watchers about the group's growth outlook amid tougher trading conditions for retail brokers.

Why now: Investors are reacting to the company's unexpected downgrade of its revenue growth guidance.

IG GroupLondon Stock Exchange

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