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Despite Gloomy Outlook, Odey Fund Ups Stake In Plus500

by financemagnates.com posted 5days ago 1 views
Plus500 plunged 30 percent after the company warned that revenue and profit in 2019 would fall short of expectations. : Odey Asset Management, the London-based hedge fund run by Crispin Odey, increased its stake in Plus500 Ltd., after the retail trading platform lost nearly one-third of its value this week as it expects material operational and financial impact from ESMA’s new regulations.

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