IG Group Q3 results cheered by stock market
IG Group Q3 results cheered by stock market explained by professional Forex trading experts the “IG Group Q3 results cheered by stock market” FX trading team.
IG Group Q3 results cheered by stock market
Shares of online spreadbetting and financial trading firm IG Group Holdings plc (LON:IGG) rose 6% Tuesday after the company announced stellar summary results for its fiscal third quarter (IG has a May 31 year end).
Revenues at IG came in at £122 million for the quarter ended Feb 29, handily beating the company’s previous best of £112 million in Q2-2015.
IG reported strong growth in all major geographic regions, including its home UK market – up 13% over last year Q3 – where IG earns nearly half of its revenue and income.
In response, IG’s shares traded up steadily during Tuesday’s session. By end of day IG’s shares were above £8 for the first time since the end of 2015, and at their £8.03 closing price IG shares are nearing their all time high of £8.14 set last summer.
IG Group share price 3 years
IG Group Q3 results cheered by stock market Conclusion
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