UK's IG Group heads for worst day since 2016 on weak third-quarter revenue forecast

By Reuters News

** Shares of online trading platform of IG Group Holdings IGG.L sinks 24.7% at 962.5p, on track for worst day since November 2016

** Stock touches its lowest level since April 2025

** Co expects Q3 2026 revenue of about £240 million ($317.11 million), down 14% y/y on lower over-the-counter revenue retention

** Sees FY 2026 revenue growth in the mid-single-digit percentage range

** Peer stocks Plus500 down 11.5% at 3024p and CMC Markets CMCX.L falls 8.2% at 604p

** YTD, stock down 3%

($1 = 0.7568 pounds)

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