If you'd invested in: Hargreaves Lansdown and Alfa Financial Software
Hargreaves Lansdown, the UK’s biggest investment platform, has seen profits rise, while Alfa Financial Software has suffered two profit warnings and share-price slump.
If only...
Be glad you didn't...
Alfa Financial Software (LSE: ALFA) provides software for the financial services industry and made its debut on the London stockmarket in May 2017. Shares initially jumped by 32% and by the end of 2017 the company's value had risen to £1.6bn. But 2018 has not been kind to Alfa. The strength of the US dollar and delays in some major contracts led to a fall in sales. And despite what the CEO calls a "healthy pipeline", two profit warnings did further damage to the share price, which is now down by 70% in the last year. Alfa could fall out of the FTSE 250.
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