If you'd invested in: NEX Group and Carpetright

London based stock exchange NEX Group saw a 70% rise in it share price, and is to be acquired by US exchange operator CME Group. But things are going wrong for flooring retailer Carpetright.

If only...

903_Good

NEX Group (LSE: NXG), previously known as ICAP, runs a stock exchange for small and medium-sized companies, as well as financial systems to execute and settle forex and fixed-income trades. Its headquarters are in London, but it also has operations in Tel Aviv. The 2017-18 financial year saw revenue rise by 9%, while profits slipped by 3%. In March this year it agreed to a takeover bid from US exchange operator CME Group, which triggered a jump in the share price of more than 30%. In the past six months shareholders have been rewarded with a 70% rise in the stock.

Be glad you didn't buy...

903_Bad

Carpetright (LSE: CPG) , which was once considered a bellwether for the UK property market, has seen its fortunes shift dramatically in recent months as high rents and too many stores have taken their toll. In what it admits was a "very difficult year" the company slumped to a loss of £70m, down froma profit of £900,000 in the previous year. In April, it entered into a company voluntary agreement to stave off insolvency, closing 92 stores and renegotiating rents on the remainder. The share price has collapsed, sliding by more than 80% in the last six months.

Subscribe to MoneyWeek

Become a smarter, better informed investor with MoneyWeek.
Advertisement

Recommended

Visit/investments/stocks-and-shares/share-tips/600641/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.
17 Jan 2020
Visit/520181/how-the-fear-of-death-affects-your-investment-process
Investment strategy

How the fear of death affects our investment processes

Many of our investment decisions are driven by one simple fact: the knowledge that, one day, we will be dead. Here, in an extract from his new book, J…
2 Jan 2020
Visit/519913/share-tips-8-stocks-for-robust-returns
Share tips

Share tips: eight stocks that should deliver robust returns

Ryan Ermey of US publication Kiplinger’s Personal Finance chooses his favourite stocks for the next decade, which should be able to grow for years.
28 Dec 2019
Visit/520060/the-good-and-the-bad-investments-of-2010s
Stock markets

The good investments of the 2010s – and the bad

John Stepek takes a look back on which investments did well and which did badly in the decade that’s about to come to an end.
26 Dec 2019

Most Popular

Visit/economy/uk-economy/600837/rishi-sunak-new-chancellor-spending-splurge
UK Economy

Britain has a new chancellor – get ready for a major spending splurge

The departure of Sajid Javid as chancellor and the appointment of Rishi Sunak marks a change in the style of our politics. John Stepek explains what's…
14 Feb 2020
Visit/economy/uk-economy/600824/how-the-bbc-can-survive-the-end-of-the-tv-licence
UK Economy

How the BBC can survive the end of the TV licence

Th TV licence that funds the BBC is looking way past its sell-by date, says Matthew Lynn. Here's how it could survive without it
16 Feb 2020
Visit/investments/property/600826/living-on-a-houseboat-the-pros-and-cons-of-a-floating-home
Property

Living on a houseboat: the pros and cons of a floating home

Living on a houseboat sounds romantic and peaceful. But it’s not as straightforward as it looks, says Nicole Garcia Merida
14 Feb 2020
Visit/investments/commodities/600729/the-rare-earth-metal-that-wont-be-a-secret-for-long
Sponsored

The rare earth metal that won't be a secret for long

SPONSORED CONTENT – You can’t keep a good thing hidden forever; now is the time to consider Pensana Rare Earths and the rare earth metals NdPr.
31 Jan 2020