Full Year Results 

Plus500 cuts 2019 guidance

Plus500 cuts 2019 guidance

Short bets against Plus500’s (PLUS) shares seem well placed. The spread-betting specialist has warned that revenue for 2019 will miss market expectations, with tighter restrictions on the sale of leveraged products to retail investors having a more severe impact than initially anticipated. That will feed through to “materially lower” profits, as management maintains elevated marketing spending.

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