IG Group shares up as buyback trails stock gains, eyes on trading revenue forecast
IG Group Holdings plc gained on Monday, picking up 1.35%, but investors were looking at something else: the gap between where the stock closed and the price the company paid for its recent buybacks just last week. The online trading platform was last seen changing hands at 1,888.15p as of 16:38 BST, putting its market cap around £6.25 billion. Shares moved between 1,844p and 1,901p on the day, keeping them roughly 3.5% below the 52-week peak at 1,956p.