If you'd invested in: IG Group and Moss Bros

Online trading company IG Group reported a 3% increase in pre-tax profit, while men's outfitters Moss Bros saw its share price plunge by 22% in January.

If only...

897_Good

IG Group (LSE: IGG) is the UK's largest online trading company by market share. In July it reported a 3% increase in pre-tax profit to £213.7m for the year to the end of May, while new client numbers rose by 38% compared with the previous year. The results came despite a pending regulatory clampdown on spreadbetting and cryptocurrencies. However, it seems few investors in IG, one of the biggest spreadbetting firms in the UK, have been put off by the crackdown, and little wonder revenues over the nine months to February grew 16% to £421.3m.

Be glad you didn't buy...

897_Bad

Suit-hire and retail chain Moss Bros (LSE: MOSB) saw its share price plunge by 22% in January as it warned of disappointing Christmas sales. The group said like-for-like sales for the 23 weeks to 6 January were down 1.1%, with a "significant reduction" in store footfall. The shares fell a further 30% in March when another profit warning was issued owing to a shortage of stock.But is a turnaround imminent? Last week, shares rose 14% after the firm reported that the decline in sales had slowed to 2.4% for the first 15 weeks of the year, improving from 4.4% in March.

Recommended

Share tips of the week
Share tips

Share tips of the week

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
19 Feb 2021
DR Horton: US housebuilder that's piling up profits
Trading

DR Horton: US housebuilder that's piling up profits

US housebuilder DR Horton’s stock rests on firm foundations and looks cheap. Matthew Partridge looks at the best way to play it.
26 Feb 2021
Investing beyond China: how to buy into wider Asian markets
Investment trusts

Investing beyond China: how to buy into wider Asian markets

There are several reasons to be sceptical about China’s development, says Max King. What’s more, there is vast potential in other regional emerging ma…
26 Feb 2021
Share tips of the week
Share tips

Share tips of the week

MoneyWeek’s comprehensive guide to the best of this week’s share tips from the rest of the UK's financial pages.
26 Feb 2021

Most Popular

The days when you could get 7% from your bank are long gone – so what do you do?
Bitcoin

The days when you could get 7% from your bank are long gone – so what do you do?

With interest rates at rock bottom for so long, we’ve been forced to move from saving to speculating to earn any sort of return. Dominic Frisby asks w…
24 Feb 2021
Why you should still put money into a cash Isa
Cash ISAs

Why you should still put money into a cash Isa

Interest rates may be lousy, but tax-free saving into a cash Isa is still a good idea.
23 Feb 2021
Are we heading for another bond market tantrum?
Government bonds

Are we heading for another bond market tantrum?

The last time the US central bank tried tightening the purse strings, the bond markets threw a tantrum. With yields now rising, could we be about to s…
25 Feb 2021