Analysis: Why Plus500 Shares Dipped 20% After Record H1 Results
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Analysis: Why Plus500 Shares Dipped 20% After Record H1 Results
The astonishing results of Plus500 in the first half of 2018 have grossly exceeded broad industry trends. Indeed, brokers have had a blast in the first half of the year, however nowhere close to the blowout $465.5 million of revenues which the London-listed brokerage posted.
While industry trends have been actively supporting growth during the first half of the year, brokers are now facing new challenges. This has been the market’s focus after Plus500 announced a second consecutive quarter of strong results and its management highlighted the one-off effect of new regulations on the firm’s revenues.
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