Plus500 shares bounce back as revenues recover

0 mins. to read
Plus500 shares bounce back as revenues recover
Dmitry Naumov /
Master Investor Magazine

Never miss an issue of Master Investor Magazine – sign-up now for free!

Read the latest Master Investor Magazine

The price of shares in CFD specialist Plus500 (LON:PLUS) has climbed by 7.01% to 576.80p (as of 13:00 BST) after it said that revenues had risen sharply during the second quarter of 2019 relative to the first three months. Low volatility had negatively impacted trading at the start of the year, but revenues for April to June were around 74% higher than those for January to March.

The company also noted a decrease in its rivals’ marketing activity while it has maintained pace, which has made customer acquisition easier and cheaper than in the past.

Take part in our poll

Of the stocks covered by Master Investor in the weekly Small Cap Round Up, which ones do you hold?

The Master Investor Show 2020 tickets are now available. Join us at the Business Design Centre on Saturday 28 March 2020.

Book your FREE tickets today using code: MIBLOG

Comments (0)

Leave a Reply

Your email address will not be published. Required fields are marked *


Get real investment insights from some of the best minds in the business - with our free Master Investor Magazine.