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MFS Adjusts Stake in IG Group Holdings

Story Highlights

IG Group Holdings ( (GB:IGG) ) has provided an announcement.

Massachusetts Financial Services Company has decreased its voting rights in IG Group Holdings PLC to 4.99% from a previous 5.017%. This change, effective as of December 9, 2024, reflects a minor reduction in their stake, potentially impacting their influence in company decisions and signaling shifts in investment strategy.

More about IG Group Holdings

IG Group Holdings is a UK-based company operating in the financial services industry. It primarily offers online trading services and products, catering to both retail investors and institutional clients. The company is focused on providing access to financial markets, including forex, shares, indices, and commodities.

YTD Price Performance: 32.61%

Average Trading Volume: 984,829

Technical Sentiment Consensus Rating: Sell

Current Market Cap: £3.41B

For a thorough assessment of IGG stock, go to TipRanks’ Stock Analysis page.

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