Investment
Features
FeesSafety
Academy
More
Pluang+

IG Group shares drop 25% after revenue and margin forecasts are downgraded by Peel Hunt.

Market News
02 Oct 2026
Proactive Investors
View Source
Bearish
IG Group shares drop 25% after revenue and margin forecasts are downgraded by Peel Hunt.

IG Group's shares fell nearly 25% following a downgrade in its 2026 revenue growth guidance from 10-15% to mid-single digits, as announced by Peel Hunt. The broker also highlighted a weaker margin outlook, with expected EBITDA margins dropping to the low-40% range from a consensus of 45.5%, potentially leading to a significant cut in earnings forecasts. Despite this, customer activity remains strong, with increases in organic first trades, active customers, and over-the-counter income. The company's Underdog segment also showed robust growth, doubling its quarterly net revenue to about $105 million.

IG Group shares' recent plunge contrasts with the broader Financials sector on Pluang, where 57 of 85 US stocks rose as of Oct 02, 2026, 14:21 WIB. Among notable movers, Robinhood Markets (HOOD) gained 1.66% to USD 113.00 with 92% buy orders and a typical hold time of 74 days, while Marathon Digital Holdings (MARA) rose 1.61% to USD 11.39 with 100% buy activity and a shorter hold time of 21 days. In contrast, Allstate Corp (ALL) fell 1.50% to USD 225.18 with exclusively sell orders and a hold time of 73 days, illustrating varied investor sentiment within the sector.

More News

Hyperliquid's HYPE token dips amid EU regulatory push and $5M Grayscale ETF buy-in.

Hyperliquid's HYPE token dips amid EU regulatory push and $5M Grayscale ETF buy-in.

Hyperliquid's HYPE token retreated from its late September high of $97.88 to around $88.45 on October 1, reflecting a 2.74% session decline and a 9.6% drop from its peak. This correction coincides with the Hyperliquid Policy Center's formal request f...

Market News
Neutral
4 hours ago
$305K stolen in FlashLoopAdapter hack on Aave V3 leveraged positions via Safe wallets

$305K stolen in FlashLoopAdapter hack on Aave V3 leveraged positions via Safe wallets

On October 1, a security breach exploited an access-control flaw in FlashLoopAdapter, a custom Ethereum module managing leveraged positions on Aave V3. The attacker bypassed authentication to drain over 1,300 weETH from two Safe wallets, resulting in...

Market News
Bearish
4 hours ago
Bitcoin briefly tops $86,000 as traders await U.S. jobs data amid rising bond yields and a strong dollar.

Bitcoin briefly tops $86,000 as traders await U.S. jobs data amid rising bond yields and a strong dollar.

Bitcoin briefly surged above $86,885 before settling around $86,000, gaining about 3% in October as investors anticipate the U.S. September jobs report. The unemployment rate is expected to hold at 4.1%, with nonfarm payrolls forecast to rise by 90,0...

Market News
Neutral
4 hours ago
Vanguard Total International Bond ETF offers global bond exposure but rated Hold due to yield vs. duration risk.

Vanguard Total International Bond ETF offers global bond exposure but rated Hold due to yield vs. duration risk.

The Vanguard Total International Bond ETF (BNDX) provides broad exposure to investment-grade foreign bonds, hedged to the US dollar, with a low expense ratio of 0.07%. Despite its 3.8% SEC yield, it is rated as a Hold because the yield does not suffi...

Market News
Neutral
4 hours ago
Bitcoin futures open interest jumps nearly 9,000 BTC, signaling strong buying pressure.

Bitcoin futures open interest jumps nearly 9,000 BTC, signaling strong buying pressure.

Bitcoin futures open interest increased by nearly 9,000 BTC within 24 hours, indicating renewed buying pressure in the market. A key buying-pressure indicator reached its highest level since August 19, suggesting significant position-building activit...

Technical Signals
Bullish
4 hours ago
banner-footerbanner-footer

Invest & Trade with
#1 Award-Winning Investment Super App