CMC Markets Shares Post Their Largest Fall in Six Months
CMC Markets shares fell 7.97% in morning trade in London today, their largest one-session fall in six months, leaving them at 605.55p by 08:14 London time.
CMC Markets (LON: CMCX), the London-listed capital markets group, fell 7.97% in early trade today, its largest one-session fall in six months. The shares stood at 605.55p by 08:14 London time, having traded between 600p and 660p so far.
That puts the quote just above the session low of 600p and well below the high of 660p. The company has a market value of about £1.83bn. The session is still running, so the level can change as trading continues through the day.
CMC Markets shares against the month around them, with today’s session marked (figure for 08:14 London time).
How unusual this is
Today’s fall is the largest one-session fall in 126 sessions, or about six months. The stock has 321 sessions of history. It is also the third-largest move among FTSE 350 stocks so far today.
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The shares last had a move of more than 5% on the 15th of September, 12 sessions ago. The second chart draws every daily change over the period, with today’s picked out.
Today’s move against six months of daily changes in CMC Markets shares.
Trading volume
So far, 113,229 shares have changed hands, about 31% of the 20-day average of 370,129 for a full day. Volume is running at about five times the usual pace for this point in the session.
CMC Markets is next due to publish results on the 26th of November.
The AskTraders Analyst Team features experts in technical and fundamental analysis, as well as traders specializing in stocks, forex, and cryptocurrency.